As of December 31, 2024, how many Kitchen Solvers franchised outlets were open?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
As of December 31, 2024, there were fifty-nine (59) franchised outlets (with each "outlet" representing one franchised territory) open. Out of these fifty-nine (59) franchised outlets: (a) sixteen (16) were not in operation for a full twelve (12) months as of December 31, 2024; and (b) one (1) outlet is located in Canada. We sent unaudited Item 19 surveys to all remaining forty-two (42) franchised outlets requesting the financial performance information detail disclosed in this Item 19 (each an "Item 19 Survey") for the 2024 calendar year (the "Measurement Period"). Twenty-three (23) franchise owners representing thirty-one (31) of the franchised outlets responded to the survey. We refer to these thirty-one (31) outlets as the "Item 19 Outlets" and the twenty-three (23) franchise owners as the "Item 19 Franchise Owners" in this Item 19 financial performance representation.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 40–44)
What This Means (2025 FDD)
According to Kitchen Solvers's 2025 Franchise Disclosure Document, as of December 31, 2024, there were a total of 59 franchised outlets open. It is important to note that this number represents franchised territories, with each outlet corresponding to one territory. Of these 59 outlets, 16 had not been in operation for a full 12 months as of the specified date, and one was located in Canada.
Kitchen Solvers collected financial performance data via surveys sent to 42 of these franchised outlets. However, only 23 franchise owners, representing 31 of the 42 franchised locations, responded to the survey. The financial performance data disclosed in Item 19 of the FDD is based on the information provided by these 31 outlets, which Kitchen Solvers refers to as the "Item 19 Outlets."
Prospective franchisees should consider that the financial performance data presented in Item 19 is based on a subset of the total number of open franchised outlets. The performance of the 31 "Item 19 Outlets" may not be representative of the entire Kitchen Solvers franchise system. It is advisable for potential franchisees to conduct their own due diligence, including contacting existing franchisees, to gain a more comprehensive understanding of the potential financial performance of a Kitchen Solvers franchise.