table_specific

What was the total number of Bombs Away outlet transfers in 2023?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

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 zero outlet transfers in 2023. The provided table regarding transfers of outlets from franchisees to new owners indicates that for the year 2023, the total number of transfers was 0.

This suggests that no existing Bombs Away franchises were sold to new owners during that year. For a potential franchisee, this could indicate stability within the franchise system, or it could reflect a limited market for resales.

It is important to note that this data only reflects transfers to new owners other than the franchisor. Bombs Away could have reacquired franchises, which would not be reflected in this transfer data. A prospective franchisee should consider this information in conjunction with other data in the FDD, such as the number of terminations and non-renewals, to get a comprehensive view of outlet turnover.

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.