How many Cream franchise outlets were transferred to new owners in 2022?
Cream Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| All States | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Totals | 2022 | 0 |
| 2023 | 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 no transfers of franchise outlets to new owners during the year 2022. The provided table specifically addresses transfers of outlets from franchisees to new owners, and the data indicates zero transfers across all states for that year. This suggests that no existing Cream franchisees sold their businesses to new, unaffiliated owners during this period.
This information is crucial for potential franchisees as it can provide insights into the stability and desirability of existing Cream franchises. A high number of transfers might indicate dissatisfaction among current franchisees or difficulties in operating the business. The absence of transfers in 2022 could be interpreted positively, suggesting that franchisees are generally content with their investment and business operations.
However, it's important to consider this data in conjunction with other factors, such as the number of terminations, non-renewals, and re acquisitions by Cream. A comprehensive understanding of franchisee turnover requires analyzing all these aspects together. Prospective franchisees should also inquire about the reasons behind any past transfers or closures to gain a more nuanced perspective on the franchise's performance and franchisee satisfaction.