How many Golden Krust Caribbean Restaurant outlets were open in Connecticut at the start of 2021?
Golden_Krust_Caribbean_Restaurant Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| CT | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — LIST OF OUTLETS AND FRANCHISE INFORMATION (FDD pages 32–35)
What This Means (2024 FDD)
According to Golden Krust Caribbean Restaurant's 2024 Franchise Disclosure Document, there were zero restaurants open in Connecticut at the start of 2021. The table provided in Item 20 shows the status of franchised outlets for the years ending 2021, 2022, and 2023.
In 2021, there were zero outlets at the start of the year, and zero outlets opened during the year. There were also no terminations, non-renewals, re acquisitions by the franchisor, or ceased operations for other reasons. This resulted in zero outlets at the end of the year.
In 2022, one Golden Krust Caribbean Restaurant opened in Connecticut. By 2023, there was still only one outlet open. This information is valuable for prospective franchisees to understand the brand's growth and presence in specific states.