As of December 31, 2024, what is the projected number of Crave outlets opening?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
Table No. 5 Projected Openings as of December 31, 2024
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 57–62)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, Table No. 5 refers to projected openings as of December 31, 2024. However, the provided excerpts do not include the actual data from Table No. 5, so the projected number of Crave outlets opening as of that date is not specified.
Instead, the available data shows the historical outlet information. For the year 2024, the tables provide details on the number of outlets at the start of the year, the number of outlets opened, and the number of outlets at the end of the year, along with other changes such as terminations and closures. For instance, one table shows that in 2024, there were 7 outlets opened across all states where Crave had a presence. Another table indicates that the total number of franchised outlets decreased from 24 to 22 during 2024.
To determine the projected number of openings as of December 31, 2024, a prospective franchisee should carefully review Table No. 5 in Exhibit D of the 2025 FDD. It would also be prudent to discuss these projections with the franchisor to understand the assumptions and factors influencing these numbers, such as planned expansion efforts and current franchisee commitments.