What was the net change in the number of company-owned Brueggers Bagels outlets during 2023?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at Start of Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Company | 2022 | 136 | 135 | -1 |
| 2023 | 135 | 132 | -3 | |
| 2024 | 132 | 130 | -2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 55–61)
What This Means (2025 FDD)
According to Brueggers Bagels's 2025 Franchise Disclosure Document, the net change in the number of company-owned Brueggers Bagels outlets during 2023 was a decrease of 3. At the start of 2023, there were 135 company-owned outlets, and by the end of the year, this number had decreased to 132. This indicates that Brueggers Bagels closed or sold more company-owned locations than it opened during that year.
For a prospective franchisee, this information is relevant as it provides insight into the performance and strategic direction of company-owned stores. A decrease in company-owned stores could suggest a shift in focus towards franchising, potential challenges in operating company-owned stores, or a combination of both. It is important to note that this data reflects only a single year and should be considered alongside other factors when evaluating the franchise opportunity.
It would be prudent for potential franchisees to inquire about the reasons behind the net decrease in company-owned stores. Understanding the factors that contributed to this change can help franchisees assess the stability and growth potential of the Brueggers Bagels system. Additionally, prospective franchisees may want to investigate the performance of franchised locations compared to company-owned locations to gain a more comprehensive understanding of the franchise's overall health.