What defines a 'Company-Owned Outlet' for Bigfoot Forestry, as described in the FDD?

According to Bigfoot Forestry's 2025 Franchise Disclosure Document, a 'Company-Owned Outlet' is defined as any Bigfoot Forestry business owned by (a) the franchisor, (b) their affiliate, including BigFoot Forestry, LLC, or (c) a person listed in Item 2 of the FDD, provided that this person, or another person listed in Item 2, also manages the Bigfoot Forestry business. This definition is important because the FDD uses financial data from a Company-Owned Outlet to create a Financial Performance Representation (FPR).

Specifically, Item 19 of the FDD includes financial information from the one Company-Owned Outlet that was operational throughout the entire measuring year, which ran from January 1, 2024, to December 31, 2024. This outlet is considered a 'Qualifying Outlet' because it was open and operating for the entire year and provided all requested data. The FPR relies on this outlet's performance to project potential franchisee earnings.

It is important to note that the Company-Owned Outlet's operational practices may differ from those of a franchised location. For example, the Company-Owned Outlet in Rock Hill, South Carolina, utilized an average of 1.5 service teams and operated within an area larger than a typical franchised territory. Prospective franchisees should consider these differences when evaluating the financial performance data presented in the FDD, as their own results may vary.