In 2024, how many company-owned Bigfoot Forestry outlets were opened?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 Outlet Statistics | |||||
|---|---|---|---|---|---|
| Outlet Type | Statistics for 2024 | ||||
| Open Jan 1, 2024 | Opened | Closed | O pen Dec 31, 202 4 | ||
| Franchised | 0 | 2 | 0 | 2 | |
| Company-Owned | 1 | 0 | 0 | 1 | |
| Total | 1 | 2 | 0 | 3 |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 36–39)
What This Means (2025 FDD)
According to Bigfoot Forestry's 2025 Franchise Disclosure Document, no company-owned outlets were opened during the measuring year, which was from January 1, 2024, to December 31, 2024. The FDD specifies that as of December 31, 2024, there was one company-owned outlet in operation.
The provided table in Item 19 of the FDD breaks down outlet statistics for 2024, showing that out of the one company-owned outlet open on January 1, 2024, zero new company-owned outlets were opened during the year. This indicates that the company focused on maintaining its existing company-owned operations rather than expanding through new company-owned locations during that period.
This information is valuable for prospective franchisees as it provides insight into Bigfoot Forestry's growth strategy and its emphasis on franchising versus corporate expansion. The fact that no new company-owned outlets opened in 2024 might suggest a preference for franchise-led growth, which could influence a franchisee's expectations regarding the level of direct competition from the franchisor.