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How many company-owned Cream outlets were operating at the start of 2023?

Cream Franchise · 2025 FDD

Answer from 2025 FDD Document

agencies.

ITEM 20 OUTLETS AND FRANCHISEE INFORMATION

TABLE NO. 1 SYSTEMWIDE OUTLET SUMMARY FOR YEARS 2022 TO 2024

Outlet Type Year Outlets at the Start of the Year Outlets at the End of the Year Net Change
2022 0 0 0
Franchised 2023 0 0 0
2024 0

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

What This Means (2025 FDD)

According to Cream's 2025 Franchise Disclosure Document, there were 74 company-owned outlets at the start of 2023. By the end of 2023, this number increased to 89, representing a net change of +15 outlets. In 2022, Cream had 64 company-owned outlets at the start of the year, which increased to 74 by year's end. In 2024, Cream started with 89 company-owned locations and ended the year with 87, a net decrease of 2 locations.

This data indicates that Cream experienced growth in its company-owned store count in 2023, adding 15 locations. However, in 2024, the number of company-owned locations decreased slightly. This information is useful for prospective franchisees to understand the growth and stability of Cream's company-owned operations, which can be an indicator of the overall health and direction of the franchise system.

Reviewing the performance of company-owned stores can provide insights into the potential profitability and operational strategies that Cream employs. Franchisees may find it beneficial to inquire about the reasons behind the changes in company-owned store counts, such as the opening of new locations or the closure/sale of existing ones, to better understand the dynamics of the Cream franchise system.

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.