comparative
What is the trend in the number of Bor Restoration total outlets from 2021 to 2023?
Bor_Restoration Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Column 3 Outlets at the Start of the Year | Column 4 Outlets at the end of the Year | Net Changes |
|---|---|---|---|---|
| Franchisee Owned | ||||
| 2021 | 14 | 20 | +6 | |
| 2022 | 20 | 22 | +2 | |
| 2023 | 22 | 50 | +28 | |
| Company-Owned | ||||
| 2021 | 0 | 0 | 0 | |
| 2022 | 0 | 0 | 0 | |
| 2023 | 0 | 0 | 0 | |
| Total Outlets | ||||
| 2021 | 14 | 20 | +6 | |
| 2022 | 20 | 22 | +2 | |
| 2023 | 22 | 50 | +28 |
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, the total number of outlets has increased from 2021 to 2023. In 2021, Bor Restoration had a total of 14 outlets at the start of the year, which increased to 20 by the end of the year, representing a net change of +6.
In 2022, the number of Bor Restoration outlets started at 20 and increased to 22 by year-end, with a net change of +2.
By 2023, Bor Restoration began the year with 22 outlets and significantly increased to 50 by the end of the year, showing a substantial net change of +28. This data indicates a consistent upward trend in the total number of Bor Restoration outlets over the three-year period.
Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.