How many Crave outlets were reacquired from franchisees in 2023?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| None | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 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, the tables in Item 20 provide details on outlet activity, including re acquisitions from franchisees. Specifically, the tables show the changes in the number of outlets for various states over the past three years.
Across all the listed states, the number of Crave outlets reacquired from franchisees in 2023 was zero. This means that Crave did not take back any franchise locations from its franchisees during that year in any of the states listed in the provided tables.
This information is valuable for potential franchisees as it can provide insights into the stability and relationship between Crave and its franchisees. A high number of re acquisitions might indicate potential issues within the franchise system, while a low number, as in this case, could suggest a more stable and positive environment.