How many Bambu outlets ceased operations for other reasons in Virginia during 2024?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
|---|---|---|---|---|---|---|---|---|
| Virginia | 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 2 | 0 | 0 | 0 | 1 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 2(2) | 1 |
In 2024, a franchisee in each of California, Michigan and Virginia closed its Bambū shoppe to relocate to a different location, but has or will reopen in 2025. These temporary closures have not result in any franchisee leaving the system in 2024.
Source: Item 20 — Outlets and Franchisee Information (FDD pages 47–52)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, two Bambu outlets in Virginia ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor during 2024. However, the table includes a parenthetical "(2)" next to this number. The table shows that at the start of 2024, there were 3 outlets, and after 2 ceased operations for other reasons, there was 1 outlet at the end of the year.
Additionally, the FDD states that in 2024, a Bambu franchisee in Virginia closed their shoppe to relocate to a different location, with plans to reopen in 2025. This temporary closure did not result in any franchisee leaving the Bambu system in 2024.
Prospective franchisees should be aware of the reasons why outlets may cease operations, even temporarily, and how relocations are handled within the Bambu franchise system. Understanding the factors that contribute to these closures can help franchisees make informed decisions and mitigate potential risks.