Does the table provide any information about the age of Big O Tires outlets?
Big_O_Tires Franchise · 2025 FDDAnswer from 2025 FDD Document
Part A of this financial performance representation includes the historical average annual Gross Revenues for U.S. franchised Big O Tires Stores that operated from January 1, 2024 through December 31, 2024 (the "2024 Year") and met the following criteria: (i) the Store had operated for at least 12 consecutive months as of December 31, 2024, and (ii) the Store reported Gross Revenues data to us for each month of the full 2024 Year. As of the end of the 2024 Year, there were a total of 463 franchised Big O Tires Stores in operation in the U.S., however only 457 met the criteria (the "Part A Reporting Stores"). There were 6 Stores that closed for various reasons during 2024, none of which were open less than 12 months. Company-owned outlets are not included in this Part A table.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 85–89)
What This Means (2025 FDD)
According to Big O Tires' 2025 Franchise Disclosure Document, the financial performance representation includes data from stores that operated from January 1, 2024, through December 31, 2024. To be included in Part A of the financial performance representation, Big O Tires stores must have operated for at least 12 consecutive months as of December 31, 2024, and reported gross revenues data for each month of the full 2024 year.
Out of 463 franchised Big O Tires stores in operation in the U.S. at the end of 2024, 457 met these criteria. The FDD specifies that six stores closed during 2024, but none were open for less than 12 months. This suggests that the financial data presented is primarily based on outlets that have been operational for at least one year.
While the table does not explicitly state the age of the outlets beyond the minimum 12-month requirement for inclusion, it implies that the financial performance data is representative of stores that have been operating for a relatively short period. A prospective franchisee should inquire about the performance trends of stores that have been in operation for longer periods to gain a more comprehensive understanding of potential long-term financial outcomes.