How many Craters & Freighters outlets in Arizona 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 |
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 were not renewed in 2024. The provided table shows that in 2024, Arizona had one outlet at the start of the year, zero outlets opened, zero terminations, zero non-renewals, zero re acquisitions by the franchisor, and zero ceased operations for other reasons, resulting in one outlet at the end of the year. This indicates that the existing franchise agreement in Arizona was renewed for 2024.
For a prospective franchisee, this information suggests stability in the Arizona market. The absence of non-renewals could be interpreted positively, indicating that franchisees are generally satisfied with their agreements and choose to continue operating under the Craters & Freighters brand. However, it is essential to consider this data in conjunction with other factors, such as profitability, market conditions, and franchisee satisfaction, to gain a comprehensive understanding of the franchise's performance in Arizona.
It is also important to note that past performance does not guarantee future results. While there were no non-renewals in Arizona in 2024, this does not preclude the possibility of non-renewals in subsequent years. Prospective franchisees should conduct thorough due diligence, including speaking with existing and former franchisees, to assess the potential risks and rewards of investing in a Craters & Freighters franchise in Arizona.