table_specific

How many Cream franchise transfers occurred in all states during 2023?

Cream Franchise · 2025 FDD

Answer 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 zero franchise transfers in all states during 2023. The FDD provides data on the number of franchise transfers in Item 20, specifically within a table that tracks this information. This indicates that no existing Cream franchisees sold their businesses to new owners during that year.

For a prospective franchisee, this information suggests stability within the Cream franchise system. A lack of transfers could mean that franchisees are generally satisfied with their businesses and are not looking to sell. It could also indicate that Cream has specific criteria or approval processes that make franchise transfers less common.

It is important to note that this data only reflects transfers from franchisees to new owners, excluding any re acquisitions by Cream itself. A potential franchisee should further investigate the reasons behind the low transfer rate to fully understand the dynamics of the Cream franchise network.

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.