How many Craters & Freighters franchise agreements in Arkansas were not renewed in 2024?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Termin ations | Non Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Alabama | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 1 | 0 | 0 | 0 |
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 franchise agreements not renewed in Arkansas during 2024. The provided table in Item 20 outlines outlet information by state and year, including non-renewals.
Specifically, for Arkansas in 2024, the table indicates '0' non-renewals. This means all existing Craters & Freighters franchises in Arkansas that were up for renewal in 2024 were successfully renewed, and none were terminated due to a decision not to renew the agreement.
This information is valuable for potential franchisees as it can provide insights into the stability and satisfaction of existing franchisees within the Craters & Freighters system. A high number of non-renewals could indicate issues with the franchise system, profitability, or franchisor-franchisee relationships. In this case, the absence of non-renewals in Arkansas suggests a stable franchise environment.