How many Bor Restoration franchises in Arizona were non-renewed in 2022?
Bor_Restoration Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Column 2 Year | Column 3 Franchises at the Start of the Year | Franchises Opened | Terminations | Non- renewals | Reacquired by Franchisor | Column 8 Ceased Operation - other reasons | End of the Year |
|---|---|---|---|---|---|---|---|---|
| Arizona | 2021 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2022 | 2 | 1 | 0 | 0 | 0 | 1 | 2 | |
| 2023 | 2 | 1 | 0 | 0 | 0 | 1 | 2 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 36–39)
What This Means (2024 FDD)
According to Bor Restoration's 2024 Franchise Disclosure Document, there were zero non-renewals of franchises in Arizona during 2022. The provided table in Item 20 of the FDD details franchise data, including openings, terminations, and non-renewals, on a state-by-state basis.
Specifically, the table shows that for Arizona in 2022, there were two franchises at the start of the year, one franchise opened, zero terminations, zero non-renewals, zero re acquisitions by the franchisor, and one franchise ceased operation for other reasons, resulting in two franchises at the end of the year.
This data point is important for prospective franchisees as it provides insight into the stability and health of existing Bor Restoration franchises. A high number of non-renewals could indicate dissatisfaction among franchisees or other systemic issues. The absence of non-renewals in Arizona for 2022 suggests that franchisees in that state are generally satisfied with their franchise agreements and business operations.