How many Boulder Designs franchises in Illinois 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 | | |
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 Illinois that was not renewed in 2023. The table provided in Item 20 outlines the number of outlets that were not renewed for each state over the past three years. This information is valuable for potential franchisees as it provides insight into the stability and success rate of Boulder Designs franchises in different regions.
Specifically, the table shows that in 2023, Illinois had five Boulder Designs outlets at the start of the year, zero outlets opened, and one franchise that was not renewed. This resulted in four outlets at the end of the year.
Understanding the reasons behind non-renewals is crucial for prospective franchisees. While the FDD provides the number of non-renewals, it does not explain the reasons why these franchises were not renewed. A potential franchisee should inquire with Boulder Designs about the factors contributing to non-renewals in Illinois and other states to better assess the risks and opportunities associated with investing in a franchise.