What was the net change in the number of franchised Bigfoot Forestry outlets 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 |
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 2024 was an increase of two. The FDD provides a system-wide outlet summary for the years 2022 to 2024, detailing the changes in franchised and company-owned outlets.
Specifically for franchised outlets, the data shows that in 2024, there were two outlets opened, resulting in a net change of +2. This indicates a modest expansion of the Bigfoot Forestry franchise system during that year. There were no openings in 2022 or 2023.
It is important to note that while the net change reflects overall growth, prospective franchisees should also consider other factors, such as the locations of these new outlets and their performance, to gain a comprehensive understanding of the franchise's expansion and stability. Additionally, the FDD includes tables detailing transfers, terminations, and other changes in outlet status, which can provide further insights into the dynamics of the Bigfoot Forestry franchise system.