How does the Crave Cookies table account for outlets that change ownership but remain open?

According to Crave Cookies' 2025 Franchise Disclosure Document, Table 2, titled "Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For Years 2021 to 2024," specifically tracks the number of franchise resales. This table provides a historical view of how many Crave Cookies locations were sold from one franchisee to another, excluding instances where the store was reacquired by Crave Cookies itself. This gives potential franchisees insight into the resale activity within the Crave Cookies system.

The table is organized by state and year, showing the number of transfers that occurred. For example, in Florida, there was 1 transfer in 2024. In Nevada, there were 5 transfers in 2024. In Utah, there were 2 transfers in 2023. These figures are then totaled to show the overall number of transfers within the Crave Cookies system for each year. In 2023, there were a total of 2 transfers, and in 2024, there were 6 transfers.

This information is valuable for prospective franchisees as it indicates the stability and desirability of existing Crave Cookies locations. A higher number of transfers might suggest a healthy market for resales, while a lower number could imply that franchisees tend to hold onto their locations for longer periods. It is important to note that this table does not include information on company-owned store transfers or transfers back to the franchisor, focusing solely on franchisee-to-franchisee transactions.