How many Craters & Freighters outlets were operating in Louisiana at the start of 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 | |
| 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 one outlet operating in Louisiana at the start of 2024. The provided table tracks the number of outlets from 2022 through 2024, showing the changes in outlet counts due to openings, terminations, non-renewals, re acquisitions by the franchisor, and other reasons for ceasing operations. For Louisiana, the number of outlets remained constant at one throughout the years 2022, 2023 and 2024.
This information is crucial for potential franchisees as it provides insight into the stability and growth (or lack thereof) of Craters & Freighters in specific states. A consistent number of outlets, as seen in Louisiana, might suggest a stable market presence, but it could also indicate limited growth opportunities. It is important to note that no new Craters & Freighters outlets opened in Louisiana during the reported period.
Prospective franchisees should further investigate the reasons behind the lack of growth in Louisiana. Understanding the market dynamics, competition, and franchisor's strategies for the region can help in making an informed investment decision. This data, combined with other factors such as market analysis and financial projections, will give a clearer picture of the potential success of a Craters & Freighters franchise in Louisiana.