Does the Crave Cookies table include information about the reasons for outlet terminations?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at the Start of the Year | Outlets Opened | Termi- Nations | Non-Rene wals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Arizona | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | |
| Alabama | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–47)
What This Means (2025 FDD)
According to Crave Cookies' 2025 Franchise Disclosure Document, Table 3, 'Status of Franchised Outlets For Years 2021 to 2024,' includes a column for 'Terminations' and 'Ceased Operations – Other Reasons.' This table provides a historical overview of franchise outlet status changes over the past three years. The table does not specify the reasons for individual terminations, but it does provide a count of terminations and other reasons for ceased operations each year, per state.
For a prospective franchisee, this information is valuable in understanding the stability and turnover of Crave Cookies franchises. While the table does not detail the specific reasons behind each termination, the 'Ceased Operations – Other Reasons' category offers some insight into non-renewal closures. A high number of terminations or closures could indicate underlying issues with the franchise system, such as lack of profitability or support.
It is important to note that the table only provides a summary of outlet status changes and does not include details on individual franchise performance or the specific circumstances leading to terminations. To gain a deeper understanding of why franchises have been terminated or ceased operations, a prospective franchisee should consider speaking with current and former franchisees, as well as directly asking Crave Cookies for more detailed information about the reasons for these closures. Understanding the context behind these numbers is crucial for assessing the risks and opportunities associated with investing in a Crave Cookies franchise.
Specifically, the table lists the number of terminations and instances of ceased operations for 'other reasons' on a state-by-state basis for the years 2021 through 2024. For example, in Arizona, there were no terminations from 2021-2023, but in 2024 there was 1 instance of 'ceased operations - other reasons'. This level of detail can help potential franchisees identify trends and assess the overall health of the franchise system in different geographic areas.