How many Crave outlets opened in Florida during 2023?
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 3 Crave outlets opened in Florida during 2023. The table provided in Item 20 of the FDD outlines the changes in the number of outlets for each state over the past three years.
Specifically, for Florida in 2023, the table shows that there were 2 outlets at the start of the year and 5 at the end of the year. This increase of 3 outlets is attributed to the 'Outlets Opened' column, with no terminations, non-renewals, re acquisitions by the franchisor, or other reasons for ceased operations impacting the net change.
This information is valuable for prospective Crave franchisees as it provides insight into the brand's growth and stability in specific markets. Observing the number of openings, closures, and other changes can help potential franchisees assess the risks and opportunities associated with investing in a Crave franchise in a particular state. It's important to note that past performance doesn't guarantee future results, but it can offer a useful overview of the brand's development.