How many Crave Cookies franchise agreements are signed but not yet opened in New Jersey?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | 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 |
|---|---|---|---|
| Arizona | 0 | 0 | 0 |
| Alabama | 1 | 1 | 0 |
| Colorado | 18 | 3 | 0 |
| Florida | 13 | 9 | 0 |
| Georgia | 1 | 1 | 0 |
| Idaho | 0 | 0 | 0 |
| Illinois | 4 | 10 | 0 |
| Indiana | 5 | 3 | 0 |
| Kentucky | 0 | 0 | 0 |
| Missouri | 1 | 1 | 0 |
| Nevada | 0 | 0 | 0 |
| New Jersey | 24 | 2 | 0 |
| North Carolina | 1 | 1 | 0 |
| Pennsylvania | 1 | 1 | 0 |
| Oklahoma | 0 | 0 | 0 |
| Ohio | 4 | 3 | 0 |
| Texas | 7 | 5 | 0 |
| Utah | 2 | 1 | 0 |
| Washington | 0 | 0 | 0 |
| Wisconsin | 2 | 2 | 0 |
| Totals | 84 | 43 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–47)
What This Means (2025 FDD)
According to Crave Cookies' 2025 Franchise Disclosure Document, as of the end of the last fiscal year, there were 24 franchise agreements signed in New Jersey for which the outlets had not yet opened. This indicates that Crave Cookies has a significant number of franchisees in New Jersey who are in the process of establishing their businesses.
For a prospective franchisee, this information is valuable as it provides insight into the brand's growth and market penetration in New Jersey. It suggests that there is interest in the Crave Cookies franchise within the state, but also implies that new franchisees may face competition from other Crave Cookies locations once these signed agreements result in operational outlets.
It is also worth noting that the FDD indicates that 2 new franchised outlets are projected to open in New Jersey in the next fiscal year. This figure, combined with the 24 signed but unopened agreements, could mean significant expansion for Crave Cookies in New Jersey. A prospective franchisee should inquire about the locations of these planned and pending outlets to assess potential market saturation and competition in their desired territory.