As of December 31, 2022, how many Bath Tune Up franchises were located in Canada?
Bath_Tune_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
As of December 31, 2022, KTU has 270 franchises, which are located throughout the United States and Canada, including 10 franchises located in Canada. As of December 31, 2022, BTU has 42 franchises, which are located throughout the United States and Canada, including 1 franchise located in Canada. During 2022, the Company earned approximately 5% of its total revenue from franchises located in Canada.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 51–52)
What This Means (2025 FDD)
According to Bath Tune Up's 2025 Franchise Disclosure Document, as of December 31, 2022, there was 1 Bath Tune Up franchise located in Canada. At that time, Kitchen Tune-Up had 10 franchises in Canada. Bath Tune-Up had a total of 42 franchises, and Kitchen Tune-Up had 270 franchises, which were located throughout the United States and Canada.
For a prospective franchisee, this indicates that Bath Tune-Up's presence in Canada was very limited as of the end of 2022. This could represent both an opportunity and a risk. The limited presence might mean less competition and more available territories. However, it could also mean that the brand is less established and recognized in the Canadian market, potentially requiring more effort in marketing and building brand awareness.
Additionally, the FDD notes that approximately 5% of the company's total revenue was earned from franchises located in Canada during 2022. This suggests that while the number of franchises in Canada was small, they contributed a measurable portion of the overall revenue. A potential franchisee should investigate further to understand the performance and market dynamics of the Canadian franchises to assess the potential for success in that market.
Prospective franchisees should consider researching the specific market conditions in Canada, including any differences in consumer preferences, regulations, or competition compared to the United States. Speaking with existing Bath Tune-Up franchisees in Canada could provide valuable insights into the challenges and opportunities of operating in that market.