How many Craters & Freighters outlets in Texas were reacquired by the franchisor in 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 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 1 | 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, there were no re acquisitions of Craters & Freighters franchises in Texas during 2023. The provided table shows the changes in the number of franchise outlets for each state. For Texas, the number of outlets remained constant at 5 from 2022 through 2023 and 2024, and the 'Reacquired by Franchisor' column shows '0' for each of those years. This means Craters & Freighters did not buy back any franchises in Texas during this period.
For a potential franchisee, this indicates stability in the Texas market, as no franchises were reacquired by Craters & Freighters. Reacquisitions can sometimes signal issues with franchise performance or disputes between the franchisor and franchisee. The absence of reacquisitions in Texas suggests that the existing franchises are operating without major issues that would lead to the franchisor needing to take them back.
It is important to note that while no franchises were reacquired, this does not necessarily mean that all franchises were performing optimally. Other factors, such as terminations or non-renewals, could also affect the stability and health of the franchise system in Texas. A prospective franchisee should investigate further into the performance and history of existing Craters & Freighters franchises in Texas to gain a comprehensive understanding of the market.