How many Bombs Away outlets were opened in California during 2023?
Bombs_Away Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Column 3 | Outlets Opened | Column 5 | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Outlets at | Outlets | ||||||
| the Start | Reacquired | ||||||
| of the | From | ||||||
| Year | Franchisee | ||||||
| California | 2021 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 |
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 Bombs Away outlets opened in California during 2023. The provided table regarding systemwide outlet summary for the years 2021 to 2023 indicates that the number of outlets opened in California in 2023 was zero. At the start of 2023 there was 1 outlet, and at the end of 2023 there was still only 1 outlet.
This information is crucial for potential franchisees as it provides insight into the brand's growth and presence in California. A lack of new openings could suggest market saturation, slower expansion strategies, or challenges in establishing new locations. It is important to note that this data reflects past performance and may not be indicative of future growth plans.
Prospective franchisees should further investigate Bombs Away's expansion plans for California and the reasons behind the absence of new openings in 2023. Understanding the market dynamics and the franchisor's strategies will help in making an informed decision about investing in a Bombs Away franchise in California. This can be done by speaking with the franchisor directly.