What was the total number of Golden Krust Caribbean Restaurant outlets at the start of 2022?
Golden_Krust_Caribbean_Restaurant Franchise · 2024 FDDAnswer from 2024 FDD Document
| OUTLET TYPE | YEAR | OUTLETS AT THE START OF THE YEAR | OUTLETS AT THE END OF THE YEAR | NET CHANGE |
|---|---|---|---|---|
| Franchised | 2021 | 105 | 107 | +2 |
| 2022 | 107 | 107 | 0 | |
| 2023 | 107 | 106 | -1 | |
| Company | 2021 | 3 | 3 | 0 |
| Owned | ||||
| 2022 | 3 | 3 | 0 | |
| 2023 | 3 | 2 | -1 | |
| Total Outlets | 2021 | 108 | 110 | +2 |
| 2022 | 110 | 110 | 0 | |
| 2023 | 110 | 108 | -2 |
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, at the start of 2022, there were a total of 110 outlets. This number includes both franchised and company-owned locations.
Specifically, the FDD indicates that there were 107 franchised outlets and 3 company-owned outlets at the beginning of 2022. This information is detailed in a table summarizing outlet data for the years 2021, 2022, and 2023.
For a prospective franchisee, this data provides a snapshot of the size and composition of the Golden Krust Caribbean Restaurant system. It's important to note that while the total number of outlets remained constant in 2022, the number of franchised and company-owned locations can fluctuate over time due to openings, closures, and transfers.