How many Boulder Designs franchises in California were not renewed in 2023?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
024 | | | Texas | 2022 2023 2024 | | | Total | 2022 2023 2024 | | | 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 | | | 202
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 were two franchises in California that were not renewed in 2023. The table provided in Item 20 outlines the changes in the number of outlets for each state over the past three years. This includes information on outlets that were opened, terminated, not renewed, reacquired by the franchisor, or ceased operations for other reasons.
For a prospective franchisee, this information is valuable in understanding the stability and turnover of Boulder Designs franchises in specific states. The non-renewal of a franchise could be due to various factors, such as the franchisee's decision not to continue, failure to meet performance standards, or changes in the franchisee's personal circumstances. It is important to note that non-renewals do not necessarily reflect negatively on the franchise system itself, but rather highlight the individual circumstances of the franchisee and the market conditions in that area.
It is also important to consider the number of outlets opened in the same period. In 2023, no new Boulder Designs franchises opened in California. This could indicate a stable market with little growth or a challenging business environment that discourages new franchisees. A prospective franchisee should investigate the reasons behind non-renewals and the lack of new openings to assess the potential risks and opportunities in the California market.
Overall, the data presented in Item 20 provides a snapshot of the dynamics within the Boulder Designs franchise system. By analyzing the trends in outlet openings, terminations, non-renewals, and other changes, prospective franchisees can gain a better understanding of the risks and opportunities associated with investing in a Boulder Designs franchise in a particular state.