What was the total number of Bor Restoration outlet transfers in 2021?
Bor_Restoration Franchise · 2024 FDDAnswer from 2024 FDD Document
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| State | Year | Number of Transfers |
| Arizona | 2021 | 0 |
| 2022 | 1 | |
| 2023 | 0 | |
| Colorado | 2021 | 2 |
| 2022 | 0 | |
| 2023 | 2 | |
| Total | ||
| 2021 | 2 | |
| 2022 | 1 | |
| 2023 | 2 |
Table No
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 a total of 2 outlet transfers in 2021. The data is based on specific states, namely Arizona and Colorado. Arizona reported 0 transfers in 2021, while Colorado reported 2 transfers in the same year. The total number of transfers is calculated by summing the transfers from each state.
It is important to note that this data only reflects transfers in Arizona and Colorado. The FDD does not provide a comprehensive list of transfers for all states where Bor Restoration franchises operate. Therefore, the actual number of transfers system-wide in 2021 could be higher than the reported 2.
A prospective franchisee should consider this information as a general indicator of franchise transfer activity within the Bor Restoration system. However, to gain a more complete understanding, it would be prudent to inquire with Bor Restoration about transfer activity in other states and the reasons behind any transfers.