In what state were there Craters & Freighters franchise transfers in 2022, 2023, and 2024?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 20: OUTLETS AND FRANCHISEE INFORMATION]
| State | Year | Number of Transfers |
|---|---|---|
| Arizona | 2022 2023 2024 | 1 0 0 |
| Arkansas | 2022 2023 2024 | 1 0 0 |
| Massachusetts | 2022 2023 2024 | 0 1 0 |
| New Jersey | 2022 2023 2024 | 0 0 2 |
| New York | 2022 2023 2024 | 0 0 1 |
| Ohio | 2022 2023 2024 | 0 0 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, several states experienced franchise transfers between 2022 and 2024. A transfer occurs when an existing franchisee sells their franchise to a new owner. The FDD provides data on the number of transfers that occurred in each state during this period.
Specifically, Arizona and Arkansas each had one franchise transfer in 2022, and no transfers in 2023 or 2024. Massachusetts had one transfer in 2023, and none in 2022 or 2024. New Jersey had two transfers in 2024, and none in 2022 or 2023. New York and Ohio each had one transfer in 2024, and none in 2022 or 2023. Washington had one transfer in 2024 and none in 2022 or 2023.
This information is valuable for prospective Craters & Freighters franchisees as it provides insight into the stability and desirability of franchises in different locations. A high number of transfers might indicate challenges in a particular market, while a low number could suggest franchisee satisfaction. It is important to note that the reasons for these transfers are not detailed in this table, and further investigation may be warranted to understand the underlying factors.