How many Crave Cookies franchised outlets were operating at the end of 2022?
Crave_Cookies Franchise · 2025 FDDAnswer 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, at the end of 2022, there were 8 franchised outlets operating. This indicates a significant increase from the start of the year, which had zero franchised locations. This growth suggests that 2022 was a year of expansion for Crave Cookies's franchise system.
For a prospective franchisee, this information is valuable in understanding the growth trajectory of Crave Cookies. The increase in franchised outlets signals a potentially successful and expanding business model. It's important to note that while the number of franchised locations increased, the number of company-owned locations remained constant at 1 during 2022.
It is also important to consider the net change in outlets. The net change of 8 franchised outlets during 2022 reflects the difference between openings and closures. A positive net change indicates that Crave Cookies added more locations than it lost during that period, which is a positive sign for potential investors.