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For the state of Georgia, how many Crave franchise agreements have been signed but the outlet has not yet opened?

Crave Franchise · 2025 FDD

Answer from 2025 FDD Document

States Franchise Agreements Signed But Outlet Not Opened Projected New Franchised Outlets in the Next Fiscal Year Projected New Company-Owned Outlets in the Next Fiscal Year
Georgia 2 5 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 are 2 franchise agreements signed in Georgia for which the outlet has not yet opened. This indicates that there is some level of interest and investment in Crave franchises within the state, but these locations are still in the development phase.

For a prospective franchisee, this information is useful for understanding the current stage of Crave's development in Georgia. It suggests that the market may be relatively new or still developing, which could present both opportunities and challenges. The franchisee might benefit from being among the first Crave locations to open in the area, but they should also be prepared for the potential hurdles of establishing brand awareness and customer base.

Additionally, the FDD indicates that Crave projects 5 new franchised outlets in Georgia for the next fiscal year. This suggests that Crave anticipates further expansion in the state, which could be a positive sign for potential franchisees. However, it's important to consider the level of competition and market saturation that may arise with the addition of these new locations. Prospective franchisees should carefully evaluate the specific locations being considered and conduct thorough market research to assess the potential for success.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.