What was the net change in the number of franchised Bambu outlets during the year 2024?
Bambu Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 59 | 61 | +2 |
| 2023 | 61 | 69 | +8 | |
| 2024 | 69 | 60 | -9 | |
| Company Owned(2) | 2022 | 1 | 1 | 1 |
| 2023 | 1 | 0 | -1 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 60 | 62 | +2 |
| 2023 | 62 | 69 | +7 | |
| 2024 | 69 | 60 | -9 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 47–52)
What This Means (2025 FDD)
According to Bambu's 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2024 was -9. This means that the total number of franchised Bambu locations decreased by 9 during that year. At the start of 2024, there were 69 franchised locations, and by the end of the year, the number had dropped to 60.
This decrease in franchised locations could be due to several factors, such as closures, terminations, or non-renewals of franchise agreements. However, the FDD also notes that some closures were temporary relocations that are expected to reopen in 2025. It is important to note that while the overall number of franchised locations decreased, this does not necessarily indicate a systemic problem with the Bambu franchise.
Potential franchisees should investigate the reasons behind the net decrease in franchised outlets. Understanding whether the closures were due to financial difficulties, relocation, or other factors can provide valuable insight into the health and stability of the Bambu franchise system. Reviewing Item 20 in its entirety and speaking with current and former franchisees can provide a better understanding of the dynamics within the Bambu franchise system.