How many company-owned Bigfoot Forestry outlets were reacquired from franchisees in 2024?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Termin- ations | Non- Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Michigan | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| North | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Carolina | ||||||||
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| South | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Carolina | ||||||||
| 2023 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Totals | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | |
| 2024 TABLE 4 - STATUS OF COMPANY-OWNED OUTLETS FOR YEARS 2022 TO 2024 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of Year | |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | ||
| South | 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Carolina | ||||||||
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | ||
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | ||
| Totals | 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 39–41)
What This Means (2025 FDD)
According to Bigfoot Forestry's 2025 Franchise Disclosure Document, in 2024, there were no company-owned outlets reacquired from franchisees. The table provided in Item 20 outlines the status of company-owned outlets from 2022 to 2024. For 2024, it shows that the number of outlets at the start of the year was one, zero outlets were opened, zero outlets were reacquired from franchisees, zero outlets were closed, zero outlets were sold to franchisees, and the number of outlets at the end of the year remained at one.
This indicates that Bigfoot Forestry did not reacquire any franchised locations to convert them into company-owned operations during that year. A prospective franchisee can infer that the company's growth strategy in 2024 did not involve buying back existing franchised businesses.
This information is valuable for potential franchisees as it provides insight into the company's operational changes and growth patterns. Understanding whether a franchisor frequently reacquires franchises can offer clues about the stability and strategic direction of the franchise system.