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What was the total number of Cream outlets closed in 2024?

Cream Franchise · 2025 FDD

Answer 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
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, there were a total of 4 Cream outlets closed in 2024. The data is broken down by state, with closures occurring in California, District of Columbia, Illinois and Texas.

Specifically, in California and Texas, one Cream outlet was closed in each state during 2024. In the District of Columbia and Illinois, one Cream outlet was closed in each location during 2024.

It is important to note that the table provides a detailed overview of outlet activity, including openings, closures, and transfers, offering prospective franchisees transparency into the brand's performance and stability in various markets. Reviewing this information can help potential franchisees assess the risks and opportunities associated with investing in a Cream franchise in specific geographic areas.

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.