How many Bigfoot Forestry outlets in South Carolina were terminated in 2023?
Bigfoot_Forestry Franchise · 2025 FDDAnswer from 2025 FDD Document
TRANSFERS OF | TO 2024 | | | | | State | Year 2022 | Number of Transfers 0 | | | | Total | 2023 2024 | 0 0 | | | | 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 |
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 no terminations of Bigfoot Forestry franchise outlets in South Carolina during 2023. The provided table outlines the changes in outlet numbers across various states.
Specifically, for South Carolina in 2023, the table shows that there were 0 outlets at the start of the year, 1 outlet opened, and 0 terminations. However, the table indicates that one outlet ceased operations for other reasons. This means that while no franchises were terminated, one did close for a different reason, resulting in zero outlets at the end of 2023.
Prospective franchisees should be aware of the distinction between a 'termination' and 'ceased operations - other reasons'. While neither is ideal, understanding the cause of an outlet's closure can provide valuable insight. Terminations often indicate issues with the franchisee's performance or compliance, whereas other reasons could include external factors like economic downturns or personal circumstances of the franchisee. Further investigation into the reasons behind the 'ceased operations' in South Carolina during 2023 may be worthwhile for potential investors.