How many Bombs Away franchise outlets were transferred to new owners in 2021?
Bombs_Away Franchise · 2024 FDDAnswer from 2024 FDD Document
Table 2 Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For Years 2021 to 2023
| State | Column 2 | Number of Transfers |
|---|---|---|
| Year | ||
| N/A | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 | |
| Total | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 33–35)
What This Means (2024 FDD)
According to Bombs Away's 2024 Franchise Disclosure Document, there were no franchise outlets transferred to new owners in 2021. The provided table tracks transfers of outlets from franchisees to new owners (excluding transfers to the franchisor). The data shows zero transfers in 2021.
This information is crucial for potential franchisees as it provides insight into the stability and desirability of existing Bombs Away franchises. A high number of transfers might indicate issues with profitability or franchisee satisfaction, while a low number, as in this case, could suggest the opposite.
It's important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Bombs Away itself. Reviewing the tables on outlet status and company-owned outlets can provide a more complete picture of franchise activity.