How many Craters & Freighters outlets were operating in Louisiana at the end of 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 | |
| Louisiana | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 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 was 1 outlet operating in Louisiana at the end of 2023. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, any changes during the year (openings, terminations, non-renewals, re acquisitions by the franchisor, or ceased operations for other reasons), and the number of outlets at the end of the year.
Specifically for Louisiana in 2023, the table shows that there was 1 outlet at the start of the year. There were no outlets opened, terminated, non-renewed, reacquired by the franchisor, or ceased operations for other reasons during the year. Therefore, the number of Craters & Freighters outlets in Louisiana remained constant throughout 2023.
This information is useful for prospective franchisees as it provides a historical overview of the franchise's presence and stability in specific states. The fact that no outlets closed or changed hands in Louisiana during 2023 could be interpreted positively, suggesting a stable market. However, the lack of growth (no new openings) might also warrant further investigation into the market dynamics and growth potential in that state.