How many Crave franchises in Arkansas were terminated in 2024?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
|
| | 2024 | 1 | | Total | 2022 | 5 | | | 2023 | 2 | | | 2024 | 4 |
Table No. 3 Status of Franchised Outlets For years 2022, 2023, 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Termina -tions | Non Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Arizona | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 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, one Crave franchise in Arkansas was terminated in 2024. The table provided in Item 20 of the FDD outlines outlet information, including terminations, across various states and years.
The table shows that at the start of 2024, there was one Crave outlet in Arkansas. During 2024, there were no new outlets opened, and one termination occurred. This resulted in zero outlets at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and success rate of Crave franchises in specific locations. A high number of terminations could indicate issues with the market, franchisor support, or the franchise model itself. It is important to investigate the reasons behind terminations to assess the risk associated with investing in a Crave franchise in a particular state.