How many Bambu outlets ceased operations for other reasons in Utah during 2024?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
eriod begins on January 1 and ends on December 31.
ITEM 20 TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 TO 2024(1)
| State | Year | Outlets at Start of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| United States |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 47–52)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, one Bambu location in Utah ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2024. The table provided in Item 20 details the status of franchised outlets from 2022 to 2024. At the start of 2024, there was one outlet in Utah. No new outlets opened, and by the end of the year, the number of outlets was zero. This change is attributed to one outlet ceasing operations for other reasons.
This data point is important for prospective franchisees as it provides insight into the stability and potential risks associated with operating a Bambu franchise in Utah. Understanding why an outlet might close for 'other reasons' can help franchisees assess potential challenges and opportunities in that market. These 'other reasons' could include factors like poor location, local economic downturns, or specific operational issues not covered by termination or non-renewal.
It is worth noting that while the FDD provides this historical data, it does not elaborate on the specific reasons categorized as 'other reasons'. A prospective franchisee should seek clarification from Bambu regarding the specific circumstances that led to the closure of the Utah location. This information can be valuable in making an informed decision about investing in a Bambu franchise in Utah or similar markets.
By examining the broader context of outlet performance across different states and years, potential franchisees can gain a more comprehensive understanding of the factors influencing the success and failure of Bambu franchises. This includes analyzing trends in outlet openings, terminations, and other reasons for closure to identify potential risks and opportunities.