What was the net change in the number of company-owned Craters & Freighters outlets in 2024?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 64 | 64 | 0 |
| 2023 | 64 | 64 | 0 | |
| 2024 | 64 | 65 | +1 | |
| Company- | 2022 | 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 net change in the number of company-owned outlets in 2024 was 0. The number of company-owned Craters & Freighters outlets remained constant throughout 2022, 2023 and 2024. There were zero company-owned outlets at the start of 2024 and zero at the end of 2024.
This indicates that Craters & Freighters primarily focuses on franchising as its method of expansion, rather than operating company-owned locations. A prospective franchisee should consider this when evaluating the support and training they might receive, as it may differ from systems with a significant number of company-owned stores.
It's important to note that while there were no changes in company-owned outlets, the number of franchised outlets did increase by one in 2024. This demonstrates growth within the franchise system, even though the company itself did not open any new locations.