How many Craters & Freighters outlets in Arizona ceased operations for reasons other than termination, non-renewal, or reacquisition 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 |
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 Craters & Freighters outlets in Arizona that ceased operations for reasons other than termination, non-renewal, or reacquisition during 2023. The table provided in Item 20 of the FDD details outlet information, including openings, terminations, non-renewals, re acquisitions and instances of outlets ceasing operations for other reasons. For Arizona in 2023, the number of outlets that ceased operations for other reasons is listed as 0.
This information is relevant for prospective franchisees as it provides insight into the stability and performance of existing Craters & Freighters franchises. A low number of closures for reasons other than termination, non-renewal, or reacquisition may indicate a healthy franchise system with strong support and profitable operations. Conversely, a high number of such closures could signal potential issues with the franchise model, market conditions, or franchisor support.
It is important to note that this data only reflects the specific period of 2023. Prospective franchisees should review historical data and trends, as well as consider other factors such as market demographics, competition, and local economic conditions, to gain a comprehensive understanding of the potential risks and opportunities associated with investing in a Craters & Freighters franchise.