How many Crave franchises in Pennsylvania 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 | 1 |
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 Pennsylvania was terminated in 2024. The table provided in Item 20 of the FDD outlines outlet information for various states over the past three years.
The table shows that at the start of 2024, there was one Crave outlet in Pennsylvania. During 2024, there were no new outlets opened, and one termination occurred. This resulted in zero outlets at the end of 2024.
Prospective franchisees should pay close attention to termination rates as they can be indicative of the overall health and stability of the franchise system. While one termination in a single state may not be alarming on its own, it is important to consider this information in conjunction with other factors, such as the reasons for termination and the performance of other Crave locations.