How many Craters & Freighters outlets were operating in Maryland at the start 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 | |
| Alabama | 2023 | 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 Maryland at the start of 2023. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this information indicates the historical presence and stability of Craters & Freighters in Maryland. With one outlet already in operation at the beginning of 2023, it suggests an established market presence. The table also shows that no additional outlets were opened, terminated, or non-renewed during 2023, and no outlets were reacquired by Craters & Freighters, indicating a stable operation during that year.
It is important to note that while the number of outlets remained constant in 2023, this does not necessarily guarantee future success or stability. Market conditions, competition, and other factors can influence the performance of a franchise. However, the historical data provides a baseline understanding of Craters & Freighters's footprint in Maryland.
Prospective franchisees should further investigate the performance and characteristics of the existing Maryland outlet to gain a deeper understanding of the local market dynamics and potential opportunities. This includes understanding the existing outlet's customer base, competition, and overall financial performance.