How many Crave outlets in Arkansas were operating at the start 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 was 1 Crave outlet operating in Arkansas at the start of 2024. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for various states.
Specifically, for Arkansas in 2023, there were 0 outlets at the start of the year, 1 outlet opened, and 1 outlet at the end of the year. Then, in 2024, there was 1 outlet at the start of the year, no outlets opened, 1 termination, and 0 outlets at the end of the year.
This information is valuable for potential Crave franchisees as it provides a clear picture of the brand's growth and stability in specific states. The data can help in assessing the market saturation and potential for success in a particular region. Reviewing the reasons for terminations or closures can also offer insights into potential challenges and risks associated with operating a Crave franchise in certain areas.