How many Craters & Freighters outlets were reacquired from franchisees in 2023?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired From Franchisees | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | |
| TOTAL | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 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, the total number of outlets reacquired from franchisees in 2023 was zero. This applies to both the overall total and to specific states listed in the document.
Specifically, the provided tables in Item 20 detail the changes in the number of Craters & Freighters outlets across various states from 2022 to 2024. The column "Reacquired by Franchisor" (or "Outlets Reacquired From Franchisees" in one table) consistently shows a value of 0 for the year 2023 across all listed states and in the aggregated totals. This indicates that Craters & Freighters did not reacquire any franchised outlets during that year.
For a prospective franchisee, this information suggests that Craters & Freighters has not been actively taking back franchises. While this could be seen as a positive sign of stability, it is important to investigate further into the reasons behind franchise terminations or non-renewals, which are separate categories in the table. Understanding the full picture of franchise relationships is crucial.
It is worth noting that the tables also include data on outlets opened, terminations, non-renewals, and outlets that ceased operations for other reasons. Reviewing these figures alongside the reacquisition data can provide a more comprehensive understanding of the dynamics within the Craters & Freighters franchise system.