What was the net change in the number of company-owned Bumble Roofing outlets in 2023?
Bumble_Roofing Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | |
| Franchised | 2023 | 0 | 0 | 0 |
| 2024 | 0 | 55 | +55 | |
| 2022 | 4 | 4 | 0 | |
| Company-Owned(1) | 2023 | 4 | 4 | 0 |
| 2024 | 4 | 4 | 0 | |
| 2022 | 4 | 4 | 0 | |
| Total Outlets | 2023 | 4 | 4 | 0 |
| 2024 | 4 | 59 | +55 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 50–53)
What This Means (2025 FDD)
According to Bumble Roofing's 2025 Franchise Disclosure Document, the net change in company-owned outlets for 2023 was 0. At the start of 2023, there were 4 company-owned outlets, and by the end of the year, the number remained at 4. This indicates that Bumble Roofing did not open or close any company-owned locations during that fiscal year.
For a prospective franchisee, this information provides insight into Bumble Roofing's corporate growth strategy. The fact that there was no change in the number of company-owned outlets in 2023 could suggest a focus on supporting and expanding the franchise network rather than investing in additional company-owned locations. It could also reflect a strategic decision to maintain a consistent corporate presence while allowing franchisees to drive market expansion.
It's important to note that while the number of company-owned outlets remained constant, Bumble Roofing may have been actively involved in other growth-related activities, such as enhancing operational efficiencies, improving marketing strategies, or providing additional support to franchisees. Understanding the franchisor's overall growth strategy and how it impacts franchisees is crucial for making an informed investment decision.
Prospective franchisees should inquire about Bumble Roofing's long-term plans for company-owned versus franchised locations. Understanding the balance between these two types of outlets can provide a clearer picture of the franchisor's commitment to the franchise model and the potential for future growth and support.