table_specific

How many company-owned Crave Cookies outlets opened in 2021?

Crave_Cookies Franchise · 2025 FDD

Answer from 2025 FDD Document

Outlet Type Year Outlets at the Start of the Year Outlets at the End of the Year Net Change
Franchised 2021 0 0 0
2022 0 8 8
2023 8 21 13
2024 21 35 14
Company-Owned 2021 1 1 0
2022 1 1 0
2023 1 1 0
2024 1 2 1
Total Outlets 2021 1 1 0
2022 1 9 8
2023 9 22 13
2024 22 37 15

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–47)

What This Means (2025 FDD)

According to Crave Cookies's 2025 Franchise Disclosure Document, in 2021, there were no company-owned Crave Cookies outlets opened. The number of company-owned outlets remained constant at one. At the start of 2021, there was one company-owned outlet, and by the end of the year, the number remained at one, resulting in a net change of zero.

This indicates that Crave Cookies focused on maintaining its existing company-owned store rather than expanding through company-operated locations during that year. This could be due to various strategic reasons, such as focusing on franchise growth, limited resources, or testing the market before investing in additional company-owned stores.

For a prospective franchisee, this information provides insight into Crave Cookies's growth strategy. The company's focus on franchising rather than company-owned stores might suggest a preference for leveraging franchisee capital and operational expertise for expansion. It is important to note that the FDD covers the period up to 2024, and future strategies may differ.

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.