How many Boulder Designs outlets ceased operations for other reasons in Indiana during 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 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | 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 | |---|---|---|---|---|---|---|---|---| | Arizona | 2022 | 5 | 1 | 0 | 0 | 0 | 0 | 6 | | | 2023 | 6 | 0 | 0 | 1 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 1 | 0 | 1 | 3 | | Arkansas | 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | California | 2022 | 5 | 0 | 0 | 1 | 0 | 0 | 4 | | | 2023 | 4 | 0 | 0 | 2 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 1 | 0 | 0 | 1 | |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 44–50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, one Boulder Designs location in Indiana ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2023.
This information is crucial for potential franchisees as it provides insight into the stability and performance of existing Boulder Designs franchises. Understanding the reasons why outlets may cease operations, even if not due to typical franchise agreement issues, can help a prospective franchisee assess the risks and challenges associated with investing in a Boulder Designs franchise in a specific area.
Reviewing the history of outlet closures in a state like Indiana over several years (2022-2024) offers a more comprehensive view of the market dynamics. This allows potential franchisees to identify any trends or patterns that might influence their own business prospects. It is important to note that 'other reasons' for ceasing operations can be varied, and further investigation into the specifics behind such closures would be beneficial for any prospective franchisee.