What was the total number of company-owned Beauty Bungalows outlets at the end of 2024?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the | Net Change |
|---|---|---|---|---|
| End of the Year | ||||
| Franchised | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Company-Owned | 2022 | 1 | 2 | 1 |
| 2023 | 2 | 3 | 1 | |
| 2024 | 3 | 4 | 1 | |
| Total Outlets | 2022 | 1 | 2 | 1 |
| 2023 | 2 | 3 | 1 | |
| 2024 | 3 | 4 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 45–47)
What This Means (2025 FDD)
According to Beauty Bungalows's 2025 Franchise Disclosure Document, at the end of 2024, there were a total of 4 company-owned outlets. This is based on the provided table which tracks the status of company-owned outlets from 2022 to 2024. The table shows that Beauty Bungalows started 2024 with 3 company-owned outlets and ended the year with 4, indicating a net increase of 1 during the year.
For a prospective franchisee, this information provides insight into the company's direct involvement in operating outlets. Knowing the number of company-owned stores can help assess the franchisor's experience in managing and operating the Beauty Bungalows business model. It also offers a benchmark for comparing the performance of franchised locations against company-owned locations.
It's important to note that the growth in company-owned stores was consistent, with an increase of 1 store each year from 2022 to 2024. This steady growth might indicate a deliberate strategy by Beauty Bungalows to expand its company-owned presence. Franchisees may want to inquire about the franchisor's long-term strategy regarding company-owned versus franchised locations to understand potential competitive dynamics and support structures.