In which year did the highest number of Crave Cookies franchise transfers occur in Nevada, and what was that number?
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, the highest number of franchise transfers in Nevada occurred in 2024. During that year, there were 5 franchise transfers in the state.
Franchise transfers typically involve an existing franchisee selling their business to a new owner, subject to the franchisor's approval. A high number of transfers could indicate various factors, such as franchisees seeking to exit the business, market changes, or other economic conditions affecting the profitability or desirability of owning a Crave Cookies franchise in Nevada.
Prospective franchisees should investigate the reasons behind these transfers to understand any potential risks or opportunities associated with operating a Crave Cookies franchise in Nevada. Understanding the context behind these transfers can provide valuable insights into the stability and performance of the franchise system in that specific market.