table_specific

How many franchised Cream outlets were reacquired by the franchisor in 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, across all states, there were zero franchised outlets reacquired by Cream in 2023. This information is detailed in a table that provides a state-by-state breakdown of outlet activity. Specifically, the table includes columns for the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and the number of outlets at the end of the year.

For a prospective franchisee, the fact that no franchises were reacquired in 2023 could be a positive indicator. It may suggest that Cream's franchise agreements are stable and that franchisees are generally successful in maintaining their businesses. However, it is important to consider this information in the context of other factors, such as the number of franchise terminations or non-renewals, which could indicate other issues within the franchise system.

It is also worth noting that while the table provides a state-by-state breakdown, the reacquisition number is zero across all states. This suggests that Cream did not find it necessary to reacquire any franchised locations during that year. This could be due to a variety of factors, such as strong franchisee performance, effective support from the franchisor, or a combination of both. A prospective franchisee should investigate further to understand the reasons behind this trend and whether it is likely to continue in the future.

While the FDD provides data up to 2024, it is important for potential franchisees to inquire about more recent data and trends during their due diligence. Understanding the stability and performance of existing franchises is crucial in evaluating the overall health and potential 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.