What was the total number of Crepe De Licious franchise transfers across all states in 2024?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| 2024 | 1 | |
| Florida | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Totals | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 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 was a total of 1 franchise transfer in 2024 across all states. This indicates a relatively low turnover rate within the Crepe De Licious franchise system.
Franchise transfers occur when an existing franchisee sells their business to a new owner, subject to the franchisor's approval. A low number of transfers could suggest that franchisees are generally satisfied with their businesses or that there are stringent requirements for approving new owners.
A prospective Crepe De Licious franchisee should inquire about the reasons for any franchise transfers and the process for transferring a franchise, including any associated fees or requirements. Understanding the transfer process is crucial both for potentially buying an existing franchise and for planning an exit strategy if they decide to sell their own franchise in the future. Investigating the reasons behind transfers can provide insights into the health and stability of the Crepe De Licious franchise system.