How many company-owned Crisp & Green outlets were operating at the end of 2022?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
ide Outlet Summary For Years 2021, 2022, and 2023
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 4 | 12 | +8 |
| 2022 | 12 | 28 | +16 | |
| 2023 | 28 | 45 | +17 | |
| Company Owned* | 2021 | 3 | 3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 62–66)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, at the end of 2022, there was 1 company-owned outlet. This is a net decrease of 2 from the beginning of the year when there were 3 company-owned outlets.
It is important to note that the FDD clarifies that corporate restaurants are owned and operated by Crisp & Green's affiliates, not directly by the franchisor itself. This distinction may have implications for how these locations are managed and their role within the franchise system.
Monitoring the number of company-owned stores and their performance can provide valuable insights into the strategic direction of Crisp & Green. A decrease in company-owned stores could signal a greater emphasis on franchising, while an increase might indicate a desire to maintain more direct control over operations or test new market strategies.