How many Craters & Freighters franchise agreements in California were not renewed in 2023?
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 zero franchise agreements in California that were not renewed during the year 2023. The provided table under Item 20, which details outlet and franchisee information, shows the number of 'Non Renewals' for California in 2023 was 0. This indicates that all existing franchise agreements in California were successfully renewed during that year.
This information is crucial 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 signal issues with the franchise system, franchisee profitability, or franchisor-franchisee relationships. The absence of non-renewals in California for 2023 suggests a stable and potentially healthy franchise environment in that state.
It is important to note that this data reflects only a single year. Prospective franchisees should review non-renewal rates over multiple years to identify any trends. Additionally, they should speak with current and former franchisees to understand the reasons behind renewal decisions and the overall experience of operating a Craters & Freighters franchise.