How many Crisp & Green outlets were operating in Utah at the end of 2023?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchised Outlets For Years 2021, 2022, and 2023
| 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 |
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 1 outlet operating in Utah at the end of 2023. The table provided in Item 20 of the FDD details the number of outlets by state for the years 2021, 2022, and 2023. This includes information on outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets ceasing operations for other reasons, and the number of outlets at the end of the year.
Specifically for Utah, the table shows the progression of Crisp & Green outlets over the three-year period. In 2021, there were no outlets. By 2022, one outlet had opened. In 2023, one outlet was operating at the start of the year, and no additional outlets opened, closed, or were terminated, leaving one outlet at the end of 2023.
This information is valuable for prospective franchisees as it provides insight into Crisp & Green's growth and presence in specific states. It is important to note that past performance does not guarantee future results, but it can help potential franchisees assess the brand's development and stability in different markets. Reviewing this data alongside other factors, such as market analysis and local competition, can contribute to a more informed investment decision.