How many Boulder Designs franchises in Alabama were not renewed in 2023?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations- Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2022 | 3 | 1 | 0 | 1 | 0 | 0 | 3 |
| 2023 | 3 | 0 | 0 | 1 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 44–50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, there was one franchise in Alabama that was not renewed in 2023. The provided table in Item 20 outlines the changes in the number of outlets for the past three years. For Alabama in 2023, the table shows that there were 3 outlets at the start of the year, no outlets opened, no terminations, one non-renewal, no re acquisitions by the franchisor, no ceased operations for other reasons, and 2 outlets at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and turnover of Boulder Designs franchises in specific states. A high number of non-renewals could indicate issues with franchise profitability, franchisee satisfaction, or other systemic problems within the Boulder Designs franchise system. Conversely, a low number of non-renewals suggests a stable and successful franchise network.
Prospective franchisees should investigate the reasons behind non-renewals by speaking with current and former franchisees. Understanding why franchises are not being renewed can help a potential franchisee assess the risks and opportunities associated with investing in a Boulder Designs franchise in a particular state. It's also important to consider that non-renewals can occur for various reasons, including the franchisee's personal circumstances or retirement, which may not necessarily reflect negatively on the franchise system itself.
Overall, the data presented in Item 20 offers valuable information for making an informed decision about investing in a Boulder Designs franchise. By carefully analyzing the trends in outlet openings, terminations, non-renewals, and other changes, potential franchisees can gain a better understanding of the health and stability of the franchise system in different geographic areas.