What was the net change in the total number of 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 total number of outlets in 2024 was an increase of two. Specifically, the number of franchised outlets increased by two, while the number of company-owned outlets remained the same. This resulted in a net increase of two outlets overall for Bigfoot Forestry in 2024.
For a prospective franchisee, this indicates a slight expansion of the Bigfoot Forestry system during that year. All of the growth came from franchised locations. This information, combined with data from previous years, can help potential franchisees identify trends in the company's growth and stability. It is important to note that past performance does not guarantee future results, but it can provide valuable context for evaluating the franchise opportunity.
It would be prudent for a potential franchisee to further investigate the reasons behind the net change in outlets. Understanding why two new franchised locations opened, and why no company-owned stores opened, can provide valuable insights into Bigfoot Forestry's growth strategy and overall health. Additionally, it would be helpful to understand if any franchised locations closed during that period, as the net change only reflects the difference between openings and closures.