How many Crave outlets in Arkansas were operating at the end of 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, there were zero Crave outlets operating in Arkansas at the end of 2024. The table provided in Item 20 of the FDD details the outlet information for Arkansas over the past three years.
In 2022, there were zero outlets at the start of the year, zero outlets opened, and zero outlets at the end of the year. In 2023, there were zero outlets at the start of the year, one outlet opened, and one outlet at the end of the year. However, in 2024, there was one outlet at the start of the year, zero outlets opened, one termination, and zero outlets at the end of the year.
This indicates that while Crave initially expanded into Arkansas with one location opening in 2023, that location was terminated in 2024, resulting in no operating outlets in the state by the end of 2024. Prospective franchisees should inquire about the reasons for this termination to better understand the market conditions and challenges in Arkansas.