How many Boulder Designs outlets in Florida 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 were four Boulder Designs outlets in Florida 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.
Specifically, for Florida in 2023, the table shows that there were seven outlets at the start of the year and one outlet opened during the year. There were four non-renewals, resulting in four outlets at the end of the year. This indicates a decrease in the number of Boulder Designs franchises in Florida due to non-renewals.
Prospective franchisees should consider the rate of non-renewals when evaluating the stability and success of Boulder Designs franchises in a particular state. It is important to investigate the reasons behind these non-renewals to understand any potential challenges or risks associated with operating a franchise in that area. This information can help potential franchisees make informed decisions about their investment and business strategy.