How many Bigfoot Forestry franchise transfers occurred in 2022?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
| TABLE 1 - SYSTEM-WIDE OUTLET SUMMARY FOR YEARS 2022 TO 2024 | ||||
|---|---|---|---|---|
| Outlet Type | Year | Net Change | ||
| Franchised | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 2 | +2 | |
| Company-Owned | 2022 | 1 | 1 | 0 |
| 2023 | 1 | 1 | 0 | |
| 2024 | 1 | 1 | 0 | |
| Total Outlets | 2022 | 1 | 1 | 0 |
| 2023 | 1 | 1 | 0 | |
| 2024 | 1 | 3 | +2 | |
| TABLE 2 | OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) | |||
| - | FOR YEARS 2022 | |||
| TRANSFERS OF | TO 2024 | |||
| State | Year 2022 | Number of Transfers 0 |
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, there were zero franchise transfers in 2022. The FDD provides data on franchise transfers, which refer to existing Bigfoot Forestry outlets being sold by one franchisee to a new owner, excluding transfers back to the franchisor. This information is crucial for potential franchisees to understand the stability and resale activity within the Bigfoot Forestry franchise system.
The absence of transfers in 2022 could indicate several factors. It might suggest that franchisees are generally satisfied with their businesses and are not looking to sell, or it could reflect a limited market for resales. Potential franchisees should investigate further to understand the reasons behind the low transfer rate. Understanding the reasons for the lack of transfers can help a prospective franchisee assess the health and desirability of existing Bigfoot Forestry franchise locations.
It is important to note that while the table provides data on transfers to new owners, it does not include information on resales back to Bigfoot Forestry itself. For a comprehensive understanding, prospective franchisees should inquire about the number of units reacquired by Bigfoot Forestry, as this could also indicate the financial health and stability of franchise locations. Additionally, it is advisable to speak with current and former Bigfoot Forestry franchisees to gain deeper insights into their experiences and perspectives on franchise resales and transfers.