How many franchised Crave Cookies outlets were operating at the end of 2024?
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, there were 35 franchised outlets operating at the end of 2024. The FDD provides a systemwide outlet summary that details the number of franchised, company-owned, and total outlets from 2021 to 2024. This information is presented in a table format, allowing prospective franchisees to see the growth and changes in the Crave Cookies system over the past few years.
Specifically, the table shows that Crave Cookies had 21 franchised outlets at the start of 2024 and ended the year with 35 franchised outlets, representing a net increase of 14 units. This indicates a significant expansion of the franchise network during that year. For a potential franchisee, this growth trend could be seen as a positive sign, suggesting that the Crave Cookies brand is gaining traction and that franchisees are finding success with the business model.
It's important to note that while the table provides a clear overview of outlet numbers, it does not delve into the performance or financial health of individual franchises. A prospective franchisee should still conduct thorough due diligence, including speaking with existing franchisees and reviewing the financial performance representations (if any) in the FDD, to gain a comprehensive understanding of the franchise opportunity. Additionally, the FDD includes a list of current and former franchisees in Exhibit H, which could be a valuable resource for gathering firsthand information about the Crave Cookies franchise system.