How many Bambu outlets in Indiana ceased operations for other reasons in 2023?
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 |
|---|---|---|---|---|---|---|---|---|
| Indiana | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 Indiana ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2023. The FDD provides a table outlining the status of franchised outlets, including details on openings, closures, and changes in ownership. This data helps potential franchisees assess the stability and performance of existing locations.
Specifically, the table tracks the number of outlets that ceased operations for 'other reasons,' which can include factors like relocation, failure to meet performance standards, or other unforeseen circumstances. In Indiana, the number of outlets at the start of 2023 was one, and by the end of the year, after one outlet ceased operations for other reasons, the total number of outlets was zero.
This information is valuable for prospective franchisees as it offers insight into the turnover and potential challenges within the Bambu franchise system. Understanding the reasons behind outlet closures can help franchisees make informed decisions and prepare for potential risks. It's important to note that 'other reasons' for closure can vary and may not always be negative, but it warrants further investigation to fully understand the context.