How many Boulder Designs outlets were not renewed in Idaho 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 | |
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 Boulder Designs franchise in Idaho that was not renewed during 2023. The table provided in Item 20 details 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 crucial in assessing the stability and success rate of Boulder Designs franchises in specific regions. A high number of non-renewals could indicate potential challenges or market saturation in those areas. It is important to note that non-renewals do not necessarily indicate failure, as franchisees may choose not to renew for a variety of personal or business reasons.
Overall, the data presented in Item 20 provides valuable insights into the dynamics of the Boulder Designs franchise system, allowing potential franchisees to make informed decisions based on historical performance and trends. Reviewing this information in conjunction with other sections of the FDD, such as franchisee contact information and financial performance representations, can offer a comprehensive understanding of the franchise opportunity.