What was the net change in the number of franchised Bb.Q Chicken outlets during the year 2024?
Bb_Q_Chicken 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 | 87 | 123 | +36 |
| 2023 | 123 | 159 | +36 | |
| 2024 | 159 | 205 | +46 | |
| Company-Owned* | 2022 | 1 | 2 | +1 |
| 2023 | 2 | 3 | +1 | |
| 2024 | 3 | 3 | 0 | |
| Total Outlets | 2022 | 88 | 125 | +37 |
| 2023 | 125 | 162 | +37 | |
| 2024 | 162 | 208 | +46 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 56–62)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2024 was an increase of 46. This is derived from the fact that Bb.Q Chicken had 159 franchised outlets at the start of 2024 and ended the year with 205 franchised outlets. This indicates a significant expansion of the franchise network during that year.
For a prospective franchisee, this growth trend could be seen as a positive indicator of the brand's performance and market acceptance. A growing number of outlets may suggest increasing brand recognition and potentially stronger negotiating power for franchisees with suppliers or landlords. However, it's also important to consider whether this growth is sustainable and if the market is becoming saturated in certain areas.
It is also important to note that while the total number of franchised Bb.Q Chicken locations increased, this does not reflect the number of new franchisees added to the system. The net change includes new store openings as well as closures, terminations, and transfers. A prospective franchisee should investigate the reasons behind any closures or transfers to fully understand the dynamics of the Bb.Q Chicken franchise system. This information can be found in other tables within Item 20 of the FDD.
Overall, the net change in franchised outlets provides a high-level view of the system's growth. Potential franchisees should delve deeper into the data provided in Item 20, including the number of new openings, closures, and transfers, to gain a comprehensive understanding of the health and stability of the Bb.Q Chicken franchise system.