How many franchised Crisp & Green outlets were operating in Arkansas at the end of 2023?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
| Ceased | ||||||||
|---|---|---|---|---|---|---|---|---|
| Outlets at | Reacquired | Operations - | Outlets | |||||
| Start of | Outlets | Non- | by | Other | at End of | |||
| State | Year | Year | Opened | Terminations | Renewals | Franchisor | Reasons | Year |
| Arkansas | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
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, there was one franchised location operating in Arkansas at the end of 2023. The document provides a table outlining the status of franchised outlets for 2021, 2022, and 2023, broken down by state. In 2023, one Crisp & Green franchise opened in Arkansas, bringing the total to one operating store in the state.
This information is valuable for prospective franchisees as it shows the brand's growth and presence in specific states. It demonstrates that Arkansas is a relatively new market for Crisp & Green, which could present both opportunities and challenges. A new franchisee might benefit from being the first in the area but also face the task of building brand awareness.
It is also important to note that while there was one outlet operating in Arkansas at the end of 2023, Crisp & Green projects 0-1 new franchised outlets in Arkansas for the next fiscal year. This projection gives potential franchisees an idea of the brand's anticipated growth in the state. Reviewing the performance of the existing Arkansas location would be a crucial step for anyone considering investing in a Crisp & Green franchise in that state.