How many Bor Restoration franchises opened in Tennessee during 2023?
Bor_Restoration Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Column 2 Year | 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 |
|---|---|---|---|---|---|---|---|---|
| 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2023 | 2 | 1 | 0 | 0 | 0 | 0 | 3 | |
| Maryland | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Michigan | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | |
| Minnesota | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Nevada | 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| New | 2021 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| Jersey | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| North | 2021 | 2 | 1 | 0 | 0 | 0 | 0 | 3 |
| Carolina | 2022 | 3 | 0 | 1 | 0 | 0 | 0 | 2 |
| 011 | 2023 | 2 | 3 | 1 | 0 | 0 | 0 | 5 |
| Ohio | 2021 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Ollebana | 2023 | 1 | 2 | 0 | 0 | 0 | 0 | 3 |
| Oklahoma | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 2 | 0 | 0 | 0 | 0 | 0 | |
| South | 2023 2021 | 0 | 0 | 0 | 0 | 0 | 2 | |
| South | 2021 | - | 0 | 0 | 0 | 0 | 1 | |
| Carolina | ||||||||
| Caronna | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 1 |
| Tennessee | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 6111163566 | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| Texas | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 1 CAAS | 2021 | 1 | 2 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 6 | 0 | 0 | 0 | 0 | 9 | |
| Utah | 2021 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| Can | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Totals | 2020 | 1 | 1 3 | 1 | I | |||
| 1 0 4413 | 2021 | 14 | 7 | 1 | 0 | 0 | 0 | 20 |
| 2022 | 20 | 4 | 1 | 0 | 0 | 1 | 22 | |
| 2023 | 22 | 30 | 0 | 0 | 0 | 2 | 50 |
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, no franchises opened in Tennessee during 2023. The provided table, "Status of Franchised Outlets For the Years 2021 through 2023," indicates that the number of Bor Restoration franchises operating in Tennessee remained at zero throughout 2023.
Specifically, the table shows that at the start of 2023, there were no Bor Restoration franchises in Tennessee. The "Franchises Opened" column for Tennessee in 2023 lists a value of 0, meaning no new franchises were established in the state during that year. The "End of the Year" column also shows 0 franchises, confirming that there were no operating Bor Restoration franchises in Tennessee at the close of 2023.
Prospective franchisees should note that past performance does not guarantee future results. While no franchises opened in Tennessee in 2023, this could change in subsequent years. It is important to conduct thorough market research and due diligence to assess the potential for Bor Restoration in specific locations.