In 2024, how many Bumper Man franchises in Texas 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
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 2024, one franchise in Texas was terminated. Additionally, two franchises in Texas ceased operations for other reasons. At the start of 2024, there were 15 Bumper Man franchises in Texas. During 2024, three new Bumper Man franchises opened in Texas. At the close of 2024, there were 15 Bumper Man franchises operating in Texas.
It is important to note the distinction between a 'termination' and 'ceasing operations for other reasons.' A termination typically implies the franchisor ended the agreement due to the franchisee's non-compliance or breach of contract. 'Ceasing operations for other reasons' could include situations where the franchisee decided to close the business for personal reasons, or due to financial difficulties that didn't necessarily breach the franchise agreement.
For a prospective Bumper Man franchisee, these figures offer insight into the stability and success rate of franchises in Texas. While the opening of three new franchises suggests growth and interest in the Bumper Man brand, the termination of one franchise and two franchises ceasing operations for other reasons in the same year could signal potential challenges within the Texas market. It would be prudent to investigate the reasons behind these closures to better assess the risks and opportunities associated with investing in a Bumper Man franchise in Texas.