What was the net change in the number of franchised Craters & Freighters outlets during 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 |
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 franchised outlets during 2024 was an increase of one location. At the beginning of 2024, there were 64 franchised outlets, and by the end of the year, the number had increased to 65. This indicates a slight expansion of the Craters & Freighters franchise system during that period.
For a prospective franchisee, this information provides insight into the recent growth trends of Craters & Freighters. A net increase, even if small, suggests that the franchise is generally expanding rather than contracting. This can be a positive sign, indicating that the business model is sustainable and attractive to new franchisees. However, it's essential to consider this data in conjunction with other factors, such as the number of new franchises opened and any terminations or non-renewals, to get a complete picture of the system's health.
It's also worth noting that while the overall net change was positive, individual franchise locations may have experienced different outcomes. The FDD includes additional tables that detail outlet openings, closures, and transfers by state, which can provide a more granular view of franchise activity. Reviewing these tables can help a potential franchisee assess the stability and performance of Craters & Freighters franchises in specific geographic areas of interest.