How many franchised Cream outlets were open at the start of 2022?
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 | b |
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 franchised outlets open at the start of 2022. This is based on the provided table outlining the status of franchised outlets from 2022 to 2024. The table specifically indicates '0 Outlets' at the start of 2022. This suggests that Cream may have been primarily focused on company-owned operations or was just beginning to explore franchising at that time.
For a prospective franchisee, this information highlights that Cream's franchise system is relatively new. It is important to investigate the reasons behind this, such as a recent shift in business strategy towards franchising or a restructuring of existing company-owned stores into franchised locations. Understanding the history and evolution of Cream's franchising model is crucial for assessing the stability and potential growth of the franchise system.
It would be prudent for potential franchisees to inquire about the company's past experiences with franchising, the support systems in place for new franchisees, and the overall strategic vision for expanding the franchise network. Further investigation into Cream's earlier FDDs might provide additional insights into the company's initial franchising strategies and growth patterns. This information, combined with current data, will help prospective franchisees make a well-informed decision about investing in a Cream franchise.