How many Bigfoot Forestry franchise transfers occurred in 2024?
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 | ||
| Total | 2023 2024 | 0 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 2024. The FDD provides data on franchise transfers to new owners (other than the franchisor) for the years 2022 to 2024.
The table indicates that the total number of franchise transfers was zero for each of the years 2022, 2023, and 2024. This suggests that during this three-year period, no existing Bigfoot Forestry franchises were sold to new owners.
For a prospective franchisee, this information could be interpreted in several ways. It could indicate a stable franchise system where franchisees are not frequently selling their businesses. Alternatively, it might suggest that there is limited demand for existing Bigfoot Forestry franchises, or that the franchisor prefers to establish new locations rather than facilitate transfers. It would be prudent for a potential franchisee to inquire about the reasons for the lack of transfers and to understand the franchisor's policies and procedures regarding franchise resales.