How many Crisp & Green outlets were operating in Iowa at the end of 2022?
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 | |
| Colorado | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2023 | 3 | 3 | 0 | 0 | 0 | 0 | 6 | |
| Florida | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 4 | 0 | 0 | 0 | 0 | 4 | |
| 2023 | 4 | 2 | 0 | 0 | 0 | 0 | 6 | |
| Illinois | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Iowa | 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 were no Crisp & Green outlets operating in Iowa at the end of 2022. The provided table, which details the status of franchised outlets, indicates that in 2022, there were zero outlets at the start of the year, zero outlets opened, and zero outlets at the end of the year in Iowa.
This information is crucial for potential franchisees as it provides a clear picture of Crisp & Green's existing market presence in Iowa. The absence of any operating outlets in 2022 suggests that Iowa may be a relatively new or untapped market for the franchise.
For a prospective franchisee, this could represent both an opportunity and a risk. The opportunity lies in being among the first to establish the brand in the area, potentially capturing a significant market share. The risk, however, is that the brand's concept may not yet be proven in the Iowa market, requiring more extensive marketing and adaptation efforts. It's also worth noting that by 2023, Crisp & Green had opened one outlet in Iowa.