How many Bombs Away outlets were reacquired from franchisees in California during 2021?
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 |
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 zero outlets reacquired from franchisees in California during 2021. The provided table regarding outlets and franchisee information indicates that for California in 2021, the number of outlets reacquired from franchisees was 0. This suggests that Bombs Away did not take back any franchise locations in California during that year.
This information is crucial for potential franchisees as it provides insight into the stability and relationship between Bombs Away and its franchisees. A high number of reacquired outlets might indicate issues with franchisee success or franchisor-franchisee relations. The absence of reacquired outlets in California for 2021 could be interpreted positively, suggesting a stable franchise network in that state.
It is important to note that this data only reflects a single year and a single state. Prospective franchisees should review similar data for other years and locations to gain a more comprehensive understanding of Bombs Away's franchise system. Additionally, they should consider factors beyond outlet reacquisition rates, such as franchisee profitability and overall satisfaction, to assess the health of the franchise system.