How many Crave franchise agreements have been signed in Michigan, but the outlet has not yet opened?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
| States | Franchise Agreements Signed But Outlet Not Opened | Projected New Franchised Outlets in the Next Fiscal Year | Projected New Company-Owned Outlets in the Next Fiscal Year |
|---|---|---|---|
| Michigan | 1 | 2 | 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 is one franchise agreement signed in Michigan for which the outlet has not yet opened. This means that as of the FDD date, one franchisee in Michigan has signed an agreement but has not yet commenced operations. This could be due to various factors such as site selection, construction delays, permitting issues, or training schedules.
For a prospective Crave franchisee, this information is useful for understanding the current stage of development in Michigan. It indicates that there is already some presence in the state, but also room for further expansion. It is important to note that the FDD also projects two new franchised outlets to open in Michigan in the next fiscal year, suggesting planned growth in the region.
It would be prudent for a potential franchisee to investigate the reasons why the existing franchise has not yet opened and to understand the timeline for the projected new openings. This information can provide insights into the challenges and opportunities of establishing a Crave franchise in Michigan. Contacting current franchisees in nearby states may also provide valuable insights.