How many Crave outlets opened in North Carolina during 2023?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| North | 2022 | 3 | 1 | 0 | 0 | 0 | 0 | 4 |
| Carolina | 2023 | 4 | 3 | 1 | 0 | 0 | 0 | 6 |
| 2024 | 6 | 0 | 0 | 0 | 0 | 0 | 6 |
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 North Carolina during 2023. At the start of 2023, there were 4 outlets, and by the end of the year, there were 6. One outlet was terminated during that year.
For a prospective franchisee in North Carolina, this indicates some growth within the state, but also some instability as one location closed. It would be prudent to investigate the reasons for the termination to understand the market dynamics and potential challenges in North Carolina.
Overall, the data suggests that while there is potential for growth with Crave in North Carolina, prospective franchisees should carefully evaluate the market and seek further information about the reasons for past closures to make an informed decision.