How many Crab N Spice outlets were sold to franchisees in Arizona during 2021?
Crab_N_Spice Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Column 3 | Outlets Opened | Column 5 | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Outlets at | Outlets | ||||||
| the Start | Reacquired | ||||||
| of the | From | ||||||
| Year | Franchisee | ||||||
| Arizona | 2021 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–40)
What This Means (2024 FDD)
According to Crab N Spice's 2024 Franchise Disclosure Document, there were no outlets sold to franchisees in Arizona during 2021. The provided table in Item 20 outlines the number of outlets sold to franchisees by state and year.
Specifically, the table includes a row for Arizona in 2021, and the corresponding value in the 'Outlets Sold to Franchisee' column is 0. This indicates that no existing Crab N Spice units in Arizona were sold to new franchisees during that year.
This information is valuable for prospective franchisees as it provides insight into the brand's growth strategy, particularly whether it focuses on establishing new locations versus transferring existing ones. A pattern of zero transfers might suggest that Crab N Spice prefers new builds or that existing franchisees are retaining their units.