How many Crave outlets in Georgia ceased operations for other reasons during 2024?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
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| | 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 outlet in Georgia ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor during the 2024 fiscal year. This means the location closed for a reason not explicitly covered in the other categories.
This information is crucial for prospective franchisees as it provides insight into the stability and potential challenges within the Crave franchise system in specific geographic areas. Understanding why an outlet might cease operations for 'other reasons' can prompt further investigation into factors such as local market conditions, management issues, or unforeseen circumstances that could impact the success of a Crave franchise.
It is important to note that while one location closed for 'other reasons,' no locations in Georgia were terminated or not renewed. A prospective franchisee should inquire with Crave about the specific reasons behind the closure to better assess the risks and opportunities associated with opening a franchise in Georgia or similar markets.