What was the total number of Cream franchise transfers in 2024?

According to Cream's 2025 Franchise Disclosure Document, there were zero franchise transfers in 2024. The table provided in Item 20 of the FDD, titled "TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN FRANCHISOR OR AN AFFILIATE) FOR YEARS 2022 TO 2024," indicates that the number of transfers in 2024 was 0. This suggests that no existing Cream franchisees sold their businesses to new owners during that year.

For a potential Cream franchisee, this information could be interpreted in several ways. On one hand, a low number of transfers could indicate stability within the franchise system, with franchisees generally satisfied with their businesses. On the other hand, it could also suggest a lack of liquidity in the market for Cream franchises, potentially making it difficult for franchisees to sell their businesses if they wish to exit the system.

It's important to note that this data only reflects transfers to new owners other than Cream or its affiliates. Transfers back to the company are not included in this number. A prospective franchisee should inquire about the reasons for the low number of transfers and whether Cream has a policy or practice of repurchasing franchises. Understanding the circumstances surrounding franchise transfers can provide valuable insights into the health and dynamics of the Cream franchise system.

Overall, while a zero transfer rate might seem positive on the surface, further investigation is warranted to fully understand its implications for a potential Cream franchisee. Understanding the reasons behind this low number can help a prospective franchisee make a more informed decision.