How many franchised Crisp & Green outlets were operating at the start of 2022?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 |
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 were 12 franchised outlets operating at the start of 2022. This information is part of a table summarizing systemwide outlet data.
The table provides a year-by-year overview of the number of franchised Crisp & Green outlets, detailing the count at the beginning and end of each year, as well as the net change in units. This information is crucial for potential franchisees as it illustrates the growth and changes within the franchise system over the past few years.
Specifically, the data shows that Crisp & Green's franchised locations grew from 4 at the start of 2021 to 12 by the start of 2022, indicating a substantial increase of 8 units during 2021. This type of historical data helps prospective franchisees evaluate the brand's expansion trajectory and stability.
Reviewing the number of franchise outlets at the start and end of each year allows potential franchisees to assess the growth and sustainability of the Crisp & Green franchise system. It is important to consider this data in conjunction with other factors, such as market trends and financial performance, to make an informed investment decision.