How many franchisee-owned Bor Restoration outlets were operating at the start of 2022?

According to Bor Restoration's 2024 Franchise Disclosure Document, there were 20 franchisee-owned Bor Restoration outlets operating at the start of 2022. This number is based on the data provided in Item 20, which tracks the number of franchisee-owned outlets from 2021 to 2023. The table specifically lists the number of outlets at the start of each year.

For a prospective franchisee, this indicates the growth and expansion of the Bor Restoration franchise system. Seeing an increase in franchisee-owned outlets suggests that the business model is attractive to franchisees and that the franchise is expanding its footprint. The increase from 14 outlets at the start of 2021 to 20 outlets at the start of 2022 shows a positive growth trajectory.

It's important to note that while the number of outlets increased, potential franchisees should also consider other factors such as terminations, transfers, and overall financial performance of these outlets. This information, also found in Item 20, can provide a more comprehensive understanding of the health and stability of the Bor Restoration franchise system. Prospective franchisees should investigate not just the number of openings, but also the reasons for any closures or transfers to assess the overall success rate and potential risks associated with investing in a Bor Restoration franchise.