How many Crave Cookies franchise outlets were transferred to new owners in Nevada during 2024?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Florida | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 | |
| 2024 | 1 | |
| Nevada | 2021 | 0 |
| 2022 | 0 | |
| --- | --- | --- |
| 2023 | 0 | |
| 2024 | 5 | |
| Utah | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 2 | |
| 2024 | 0 | |
| Total | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 2 | |
| 2024 | 6 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–47)
What This Means (2025 FDD)
According to Crave Cookies' 2025 Franchise Disclosure Document, there were 5 franchise outlets in Nevada that were transferred to new owners during 2024. This indicates a moderate level of franchisee turnover in Nevada during that year.
For a prospective franchisee, this information is relevant for a few reasons. First, it provides insight into the stability of Crave Cookies franchises in Nevada. A high number of transfers could indicate challenges in operating a franchise in that state, while a low number might suggest a more stable market. Second, it could represent an opportunity to acquire an existing Crave Cookies location rather than starting from scratch.
It is important to note that the transfer of a franchise does not necessarily mean the previous owner was unsuccessful. There could be various reasons for the transfer, such as retirement, relocation, or a change in personal circumstances. However, a prospective franchisee should still investigate the reasons behind the transfers to better understand the potential risks and opportunities associated with investing in a Crave Cookies franchise in Nevada.