How many Crave Cookies outlets in Utah were transferred in 2023?
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 two transfers of Crave Cookies outlets in Utah during 2023. This information is based on Table 2, which tracks transfers of outlets from franchisees to new owners, excluding transfers back to the franchisor.
For a prospective franchisee, this indicates some level of market activity and potential resale opportunities within the Crave Cookies system. Transfers can occur for various reasons, such as a franchisee deciding to retire, pursue other business ventures, or facing financial difficulties. The presence of transfers suggests that there is a market for existing Crave Cookies franchises.
It is important to note that the number of transfers can be influenced by various factors, including the overall health of the franchise system, the local economic conditions, and the individual circumstances of the franchisees. A high number of transfers could indicate potential issues within the system, while a low number might suggest stability. Prospective franchisees should investigate the reasons behind any transfers and assess the potential risks and opportunities associated with purchasing an existing Crave Cookies franchise.