How many Cream outlets were reacquired from franchisees in total during 2023?
Cream Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlets | Outlets | Reacquired | Outlets | Outlets | Outlets at | ||
|---|---|---|---|---|---|---|---|
| State | Year | 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 |
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, zero Cream outlets were reacquired from franchisees during 2023. The provided table in Item 20 outlines the status of outlets, including those reacquired from franchisees, on a state-by-state basis.
Specifically, the table provides a breakdown of outlet activity for the years 2022, 2023, and 2024, detailing the number of outlets at the start of each year, the number of outlets opened, the number of outlets reacquired from franchisees, the number of outlets closed, the number of outlets sold to franchisees, and the number of outlets at the end of the year. For the year 2023, the 'Reacquired from Franchisee' column shows a value of 0 for all states listed, indicating that there were no instances of Cream reacquiring any franchised outlets during that period.
This information is crucial for potential franchisees as it provides insight into the stability and relationship between Cream and its franchisees. The absence of reacquired outlets in 2023 may suggest a healthy franchise system where franchisees are generally successful and retained within the Cream network. However, it is important to consider this data in conjunction with other factors, such as the number of terminations and transfers, to gain a comprehensive understanding of franchisee turnover and the overall health of the Cream franchise system.