How many Bombs Away outlets were reacquired from franchisees in California during 2022?
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 | |
| Totals | 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 reacquired from franchisees in California during 2022. The provided table regarding outlets and franchisee information indicates that in California during 2022, 0 outlets were reacquired from franchisees.
This means that none of the Bombs Away franchise locations in California were taken back by the company from the franchisee during that year. This could be a positive sign, suggesting that franchisees are generally successful and not relinquishing their locations back to Bombs Away.
It is important to note that this information pertains specifically to reacquired outlets. Other forms of franchise terminations or closures might have occurred but are not reflected in this particular data point. A prospective franchisee should investigate the reasons for any franchise terminations to fully understand the health of the Bombs Away franchise system.