How many company-owned Crave outlets were reacquired from franchisees in 2023?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| None | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 57–62)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, there were no company-owned outlets reacquired from franchisees in 2023. The provided table outlines the status of company-owned outlets, showing that in 2023, there were 0 outlets at the start of the year, 0 outlets opened, 0 outlets reacquired from franchisees, 0 outlets closed, 0 outlets sold to franchisees, and 0 outlets at the end of the year. This indicates that Crave did not reacquire any company-owned outlets from franchisees during that year.
This information is crucial for potential franchisees as it provides insight into the stability and growth of company-owned versus franchised locations. The absence of reacquired company-owned outlets could suggest a stable relationship between Crave and its franchisees, or it may reflect the company's strategy of not reacquiring franchises.
Prospective franchisees should further investigate Crave's reasons for not reacquiring any company-owned locations. Understanding the dynamics between franchisor and franchisee, and the conditions under which a reacquisition might occur, is essential for making an informed investment decision.