What was the net change in the number of Bor Restoration franchisee-owned outlets during 2022?

According to Bor Restoration's 2024 Franchise Disclosure Document, the net change in the number of franchisee-owned outlets during 2022 was an increase of two locations. Specifically, Bor Restoration started 2022 with 20 franchisee-owned outlets and ended the year with 22. This indicates a modest expansion of the franchise network through new franchisee establishments during that period.

For a prospective franchisee, this information provides insight into the growth trajectory of Bor Restoration. A net increase suggests that the franchise system is expanding, which can be a positive indicator of brand health and market demand. However, it is important to consider the magnitude of the change. A small increase, like the two outlets added in 2022, may suggest slower growth compared to other periods.

It is also important to note that this figure represents the net change, which accounts for both new openings and any closures or terminations. Therefore, while two new locations were added overall, there may have been more openings offset by some closures. A prospective franchisee should investigate further to understand the dynamics behind these numbers, such as the number of new franchises opened versus the number of franchises that ceased operations. Understanding these factors can provide a more comprehensive view of the franchise's stability and growth potential.

To gain a clearer picture, a potential franchisee should also look at the reasons for any closures, the performance of existing outlets, and the overall support provided by Bor Restoration to its franchisees. This information, combined with the net change in outlet numbers, will help in assessing the risks and opportunities associated with investing in a Bor Restoration franchise.