How many Beauty Bungalows franchise agreements were signed in 2023?
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's 2025 Franchise Disclosure Document, 2 franchise agreements were signed in 2023. The FDD also provides data on the number of agreements at the beginning and end of 2023, as well as the number of agreements signed in 2024.
Specifically, the table shows that Beauty Bungalows had zero agreements at the beginning of 2023. During 2023, they signed 2 agreements. There were no terminations, so Beauty Bungalows ended 2023 with 2 franchise agreements.
This information is useful for prospective franchisees as it provides insight into the growth and stability of the Beauty Bungalows franchise system. Reviewing the trend in franchise agreements signed over multiple years can help potential franchisees assess the brand's momentum and market acceptance.