table_specific

How many Bombs Away outlets were opened in 2021?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

Outlet Type Year Column 3 Column 4 Net Change
Outlets at the Start of the Year Outlets at the End of the Year
Franchised 2021 0 0 0
2022 0 0 0
2023 0 0 0
Company-Owned 2021 1 1 0
2022 1 1 0
2023 1 1 0
Total Outlets 2021 1 1 0
2022 1 1 0
2023 1 1 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 franchised outlets opened in 2021. The FDD provides a table outlining the status of franchised outlets, showing that the number of Bombs Away franchised outlets at the start of 2021 was zero, and the number of outlets opened during that year was also zero. The total number of franchised outlets at the end of 2021 remained at zero.

In contrast, Bombs Away had one company-owned outlet open at the beginning of 2021, located in California. However, no additional company-owned outlets were opened during 2021, so the year-end total remained at one. This indicates that Bombs Away focused on maintaining its existing company-owned location rather than expanding with new company-owned or franchised units during that year.

Overall, the data suggests that 2021 was a year of limited expansion for Bombs Away, with no new franchised locations and no change in the number of company-owned stores. A prospective franchisee should inquire about Bombs Away's strategic plans for growth and the factors that may have influenced the lack of new openings in 2021.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.