What was the total number of Craters & Freighters franchise transfers across all states in 2023?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Washington | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| TOTAL | 2022 | 2 |
| 2023 | 1 | |
| 2024 | 5 |
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 franchise transfers in 2023 was one. This is based on the provided table that lists the number of transfers by state and year. Specifically, the table shows that the total number of transfers across all states in 2023 was one.
It is important to note that franchise transfers are relatively rare, as evidenced by the low numbers reported in the table. A franchise transfer typically occurs when an existing franchisee sells their franchise to a new owner, subject to the franchisor's approval. The low number of transfers may indicate stability within the Craters & Freighters franchise system.
Prospective franchisees should consider the number of franchise transfers as one indicator of the health and stability of the franchise system. While a low number of transfers can be a positive sign, it is also important to investigate the reasons behind any transfers that do occur. Talking to current and former franchisees can provide valuable insights into the transfer process and the overall experience of owning a Craters & Freighters franchise.