How many company-owned Crave outlets were in operation at the end of 2022?

According to Crave's 2025 Franchise Disclosure Document, at the end of 2022, Crave did not have any company-owned outlets in operation. The provided table shows that the number of company-owned outlets at the start of 2022 was zero, and the net change during the year was also zero, resulting in zero company-owned outlets at the end of 2022. This indicates that Crave's business model relies solely on franchised outlets during this period.

For a prospective franchisee, this information suggests that Crave is focused on expanding through franchising rather than investing in and managing its own company-owned locations. This could mean that Crave's resources are directed towards supporting franchisees, which may be beneficial.

However, it also means that potential franchisees cannot directly observe the performance and operational strategies of company-owned stores, which can be valuable for learning and benchmarking. It is important for prospective franchisees to thoroughly evaluate the support and training provided by Crave, as well as the performance of existing franchised locations, to gain a comprehensive understanding of the business model and its potential for success.