How many franchised Crepe De Licious outlets were operating at the start of 2024?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 3 | 7 | +4 |
| 2023 | 7 | 9 | +2 | |
| 2024 | 9 | 8 | -1 | |
| Company-Owned | 2022 | 1 | 1 | 0 |
| 2023 | 1 | 1 | 0 | |
| 2024 | 1 | 1 | 0 | |
| Total Outlets | 2022 | 4 | 8 | +4 |
| 2023 | 8 | 10 | +2 | |
| 2024 | 10 | 9 | -1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 53–57)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, there were 9 franchised outlets operating at the start of 2024. This information is derived from the system-wide outlet summary. The table also indicates that the number of franchised locations decreased by one during 2024, ending the year with 8 locations. This decrease could be due to closures, terminations, or non-renewals of franchise agreements.
For a prospective franchisee, this data provides insight into the growth and stability of the Crepe De Licious franchise system. The increase from 3 franchised locations in 2022 to 9 at the beginning of 2024 suggests a period of growth. However, the subsequent decrease to 8 locations by the end of 2024 could be a point of concern, warranting further investigation into the reasons behind the net loss of one franchise. Understanding the dynamics of outlet openings and closures can help a potential franchisee assess the risks and opportunities associated with investing in a Crepe De Licious franchise.
It is important to note that while the overall number of franchised locations provides a general overview, it does not reveal the complete picture. Factors such as the performance of individual locations, the reasons for closures, and the success rate of new openings can significantly impact the value of a franchise investment. Therefore, a prospective franchisee should conduct thorough due diligence, including speaking with current and former franchisees, to gain a deeper understanding of the Crepe De Licious franchise system and its performance trends.
Furthermore, the information presented in the FDD is historical and may not be indicative of future performance. Changes in market conditions, competition, and the franchisor's strategies can all influence the growth and stability of the franchise system. Therefore, a prospective franchisee should carefully consider these factors and conduct their own independent analysis to assess the potential risks and rewards of investing in a Crepe De Licious franchise.