In 2023, how many Bumper Man franchises in Oklahoma were terminated?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
| Total | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | State | Year | Outlets at Start of Year | Outlets Opened | Termina tions | Non Renewals | Reacquired by Franchisor | Ceased Operations Other Reasons | Outlets at End of the Year | |---------------|------|--------------------------------|-------------------|------------------|-----------------|--------------------------------|------------------------------------------|-------------------------------------| | | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Iowa | 2023 | 1 | 0 | 0
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 38–44)
What This Means (2025 FDD)
According to Bumper Man's 2025 Franchise Disclosure Document, in 2023, one franchise in Oklahoma was terminated. The table provided in Item 20 of the FDD outlines the number of outlets at the start and end of the year, as well as changes to the franchise network. For Oklahoma in 2023, there were 3 outlets at the start of the year, 1 outlet was opened, and 1 termination occurred, resulting in 3 outlets at the end of the year.
This information is valuable for potential franchisees as it provides insight into the stability and performance of existing Bumper Man franchises. A termination could indicate issues with the franchisee's performance, adherence to the franchise agreement, or other factors that led to the termination. However, it is important to note that one termination does not necessarily indicate a systemic problem within the Bumper Man franchise system.
Prospective franchisees should investigate the reasons behind any terminations to fully understand the context. They may want to ask Bumper Man about the circumstances surrounding the termination in Oklahoma and what steps the company takes to support franchisees and prevent terminations. Understanding the factors that contribute to franchise success and failure can help potential franchisees make informed decisions and assess their own suitability for the Bumper Man franchise system.