How many Boulder Designs outlets opened in Michigan during 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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Louisiana | 2022 | 2 | 1 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 1 | 2 | |
| Maryland | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Massachusetts | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Michigan | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 1 | 0 | 0 | 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, one outlet opened in Michigan during 2023. The table provided in Item 20 outlines the number of outlets opened, terminated, non-renewed, reacquired, or ceased operations for the years 2022, 2023 and 2024. At the start of 2023, there was one Boulder Designs outlet in Michigan.
For a prospective franchisee, this information indicates the recent growth and current presence of Boulder Designs in Michigan. While only one outlet opened in 2023, it's important to consider this number in the context of the overall market and brand development strategy for the state. The presence of existing outlets can provide a foundation for brand recognition and customer base, which may benefit new franchisees.
It is also important to note the table shows that the number of Boulder Designs outlets in Michigan remained constant at two from the end of 2023 through 2024. This could indicate a period of stability or potentially slower growth in the state. A prospective franchisee should inquire about the reasons for this trend and the franchisor's plans for future expansion in Michigan.