How many company-owned Craters & Freighters outlets were operating at the end of 2022?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 64 | 64 | 0 |
| 2023 | 64 | 64 | 0 | |
| 2024 | 64 | 65 | +1 | |
| Company- | 2022 | 0 | 0 | 0 |
| Owned | ||||
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 64 | 64 | 0 |
| 2023 | 64 | 64 | 0 | |
| 2024 | 64 | 65 | +1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 45–49)
What This Means (2025 FDD)
According to Craters & Freighters' 2025 Franchise Disclosure Document, there were no company-owned outlets operating at the end of 2022. The provided table, which outlines the status of company-owned outlets from 2022 to 2024, indicates that Craters & Freighters had zero company-owned outlets at the start of 2022, and this number remained unchanged throughout the year. Therefore, the net change in company-owned outlets for 2022 was also zero.
This information is relevant for prospective franchisees as it provides insight into Craters & Freighters' business model. The fact that Craters & Freighters does not operate any company-owned outlets suggests a strong focus on franchising as the primary method of expansion and operation. This might indicate that Craters & Freighters' revenue is generated primarily through franchise fees and royalties rather than direct sales from company-operated locations.
For a potential franchisee, this could mean that Craters & Freighters is highly invested in the success of its franchisees, as their own profitability is closely tied to the performance of the franchised locations. However, it also means that franchisees cannot rely on the franchisor's direct operational experience in company-owned stores for guidance, potentially increasing the importance of initial and ongoing training and support provided by Craters & Freighters.