How many Beauty Bungalows franchise agreements were in effect at the end of 2024?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | |
|---|---|---|
| Agreements, beginning | 2 | - |
| Agreements signed | 7 | 2 |
| Agreements terminated | ||
| Agreements, ending | 9 | 2 |
| Franchise agreements | 9 | 2 |
| Affiliate owned locations | - | - |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)
What This Means (2025 FDD)
According to Beauty Bungalows' 2025 Franchise Disclosure Document, at the end of 2024, there were 9 franchise agreements in effect. This number reflects the growth from 2 agreements at the beginning of 2024, with 7 new agreements signed during the year. There were no agreements terminated during the year.
For a prospective franchisee, this indicates the current size and growth trajectory of the Beauty Bungalows franchise system. A small but growing number of franchisees could mean more direct support from the franchisor but also less brand recognition compared to more established franchises.
It is important to note that none of the locations are affiliate-owned, meaning that all locations are owned and operated by franchisees. This can be seen as a positive sign, as it shows that Beauty Bungalows is focused on supporting its franchisees rather than competing with them through company-owned locations.