table_specific

How many company-owned Cream outlets were opened in North Carolina during 2023?

Cream Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Outlets Outlets Reacquired Outlets Outlets Outlets at
at Start of Year Opened from Franchisee Closed Sold to Franchisee End of Year
California 2022 5 1 0 0 0 6
2023 6 4 0 1 0 9
2024 9 0 0 1 0 8
Alabama 2022 1 1 0 0 0 2
2023 2 0 0 0 0 2
2024 2 0 0 0 0 2
Arizona 2022 0 0 0 0 0 0
2023 0 1 0 0 0 1
2024 1 1 0 0 0 2
District of 2022 3 0 0 0 0 3
Columbia
2023 3 0 0 0 0 3
2024 3 0 0 1 0 2
Florida 2022 3 0 0 0 0 3
2023 3 1 0 0 0 4
2024 4 0 0 0 0 4
Georgia 2022 8 2 0 0 0 10
2023 10 1 0 0 0 11
2024 11 0 0 0 0 11
Illinois 2022 9 2 0 0 0 11
2023 11 0 0 0 0 11
2024 11 0 0 1 0 10
Maryland 2022 1 0 0 0 0 1
2023 1 0 0 0 0 1
2024 1 0 0 0 0 1
Missouri 2022 1 0 0 0 0 1
2023 1 0 0 0 0 1
2024 1 0 0 0 0 1
2022 3 2 0 0 0 5
2023 5 1 0 Outlets 0 0 6
Outlets Outlets Reacquired Outlets Outlets Outlets at
State Year at Start of Year Opened from Franchisee Closed Sold to Franchisee End of Year
2024 6 0 0 0 0 6
Ohio 2022 9 0 0 0 0 9
2023 9 1 0 0 0 10
2024 10 0 0 0 0 10
Pennsylvania 2022 2 1 0 0 0 3
2023 3 1 0 0 0 4
2024 4 1 0 0 0 5
South 2022 1 1 0 0 0 2
Carolina
2023 2 1 0 0 0 3
2024 3 0 0 0 0 3
Tennessee 2022 9 0 0 02 0 9
2023 9 0 0 0 0 9
2024 9 0 0 0 0 9
Texas 2022 7 1 0 0 0 8
2023 8 2 0 0 0 10
2024 10 0 0 1 0 9
Virginia 2022 2 0 0 0 0 2
2023 2 2 0 0 0 4
2024 4 0 0 0 0 4
Totals 2022 64 11 0 0 0 75
2023 75 15 0 1 0 89
2024 89 2 0 4 0 87
1 These Shops are owned and operated by Parent and certain of our affiliates.
2 One Shop in Tennessee was temporarily closed for expansion and remodeling in 2022 but was not
listed as a closure in the table above because it re-opened in 2023.

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 57–60)

What This Means (2025 FDD)

According to Cream's 2025 Franchise Disclosure Document, one company-owned Cream outlet was opened in North Carolina during 2023. The FDD provides a table detailing the status of company-owned outlets for the years 2022 to 2024, broken down by state. This information is valuable for prospective franchisees as it offers insight into the growth and presence of company-owned stores in specific regions.

Specifically, the table shows the number of outlets at the start of the year, the number opened, reacquired from franchisees, closed, sold to franchisees, and the number of outlets at the end of the year. This level of detail can help potential franchisees assess the stability and expansion trends of Cream's company-owned operations in different states.

For example, a prospective franchisee in North Carolina can see the specific activity of company-owned stores in their state, which may influence their decision to invest in a franchise. The data also allows for a comparison of company-owned store activity across different states, providing a broader understanding of Cream's corporate strategy and investment focus. This information is crucial for making an informed decision about investing in a Cream franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.