Were any Crepe De Licious outlets reacquired by the franchisor in 2023?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired by Franchisor | Ceased Opera- tions-Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Delaware | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| California | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Florida | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 2 | 0 | 0 | 0 | 1 | 3 | |
| Georgia | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | |
| Michigan | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | |
| New Jersey | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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, the franchisor did not reacquire any franchised outlets in 2023. The provided table, "Status of Franchised Outlets For Years 2022- 2024", includes a column for "Reacquired by Franchisor." The data for 2023 indicates that the number of reacquired franchised outlets was zero for all states listed, including Delaware, California, Florida, Georgia, Michigan, and New Jersey.
This information is relevant for prospective franchisees as it provides insight into the stability of the Crepe De Licious franchise system. The absence of reacquired franchises could indicate that franchisees are generally successful and that the franchisor is not frequently taking back locations. However, it is important to consider this information in conjunction with other factors, such as terminations, non-renewals, and transfers, to get a comprehensive understanding of the franchise system's health.
While the table provides a state-by-state breakdown, it's important to note that the absence of re acquisitions does not guarantee future performance. Market conditions, individual franchisee performance, and other factors can influence whether a franchise is reacquired by the franchisor. Prospective franchisees should conduct thorough due diligence, including speaking with current and former franchisees, to assess the risks and opportunities associated with investing in a Crepe De Licious franchise.