According to the FDD, were any Cream outlets sold to franchisees in 2024?
Cream Franchise · 2025 FDDAnswer from 2025 FDD Document
| | Totals | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 |
TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 TO 2024
| Outlets Opened | Ceased | Outlets at End of Year | ||||
|---|---|---|---|---|---|---|
| Outlets | Non- | Reacquired | Operations - | |||
| Year | at Start of Year | Terminations | Renewals | by Franchisor | Other Reasons | |
| 2022 | 0 Outlets | 0 0 | 0 | 0 | 0 | 0 Ceased |
| Outlets | Non- | Reacquired | Operations - | |||
| Year | at Start of Year | Opened | Terminations | Renewals | by Franchisor | Other Reasons |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 57–60)
What This Means (2025 FDD)
According to Cream's 2025 Franchise Disclosure Document, no Cream outlets were sold to franchisees in 2024. Table No. 3, which details the status of franchised outlets, shows that for 2024, there were 0 outlets opened, 0 terminations, 0 non-renewals, 0 re acquisitions by Cream, 0 operations ceased for other reasons, resulting in 0 outlets at the end of the year. This indicates that there were no sales of existing Cream outlets to new franchisees during that year.
Table No. 2 confirms this, showing "TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN FRANCHISOR OR AN AFFILIATE) FOR YEARS 2022 TO 2024" as zero across all states. This means no existing franchisee-owned locations were sold to new franchisees.
Table No. 1, which provides a system-wide outlet summary, shows that the number of franchised outlets remained at zero throughout 2022, 2023 and 2024. This reinforces the fact that there were no franchised Cream locations to be sold to franchisees during this period. Therefore, a prospective franchisee can infer that Cream did not engage in any resales of existing franchised locations in 2024, focusing instead on company-owned operations.