How many company-owned Bigfoot Forestry outlets were sold to franchisees in 2023?
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, Table 4 outlines the status of company-owned outlets from 2022 to 2024. In 2023, there were no company-owned Bigfoot Forestry outlets sold to franchisees. The table shows that at the start of 2023, there was 1 company-owned outlet, and by the end of the year, there was still 1, with zero outlets being sold to franchisees during that period.
This information is crucial for potential franchisees as it provides insight into the company's strategy regarding company-owned stores. The fact that no company-owned outlets were sold to franchisees in 2023 could indicate a preference for maintaining company control over existing locations or a lack of suitable opportunities for transferring ownership.
Prospective franchisees might want to inquire about Bigfoot Forestry's future plans for company-owned outlets. Understanding whether the company intends to sell existing outlets or open new ones for franchising can help franchisees assess the growth potential and overall direction of the franchise system. This information, combined with other factors, can aid in making an informed decision about investing in a Bigfoot Forestry franchise.