What was the net change in the number of franchised Bigfoot Forestry outlets in 2023?
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 |
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, the net change in the number of franchised outlets in 2023 was 0. The provided table in Item 20 of the FDD outlines the system-wide outlet summary for the years 2022 to 2024, showing the number of franchised, company-owned, and total outlets, including the net change in each category.
Specifically, for franchised outlets, the table indicates that in 2023 there were 0 outlets at the start of the year and 0 outlets at the end of the year. This means there were no new openings, terminations, or transfers that would have altered the total number of franchised locations. The 'Net Change' column confirms this, showing a value of 0 for franchised outlets in 2023.
This information is crucial for potential franchisees as it provides a snapshot of the franchise's growth and stability. A net change of zero suggests that the franchise system may not have been actively expanding its franchised locations during that year. While not inherently negative, prospective franchisees may want to inquire about the reasons behind the lack of growth in 2023 and understand Bigfoot Forestry's plans for future expansion.