Did any Bumper Man franchises cease operations for 'other reasons' in Louisiana during 2024?
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 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2022 | 2
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, there were no franchises in Louisiana that ceased operations for 'other reasons' during 2024. The table provided in Item 20 outlines the status of franchised outlets from 2022 to 2024. For Louisiana, the data shows that in 2024, there were 4 outlets at the start of the year, 0 outlets opened, 0 terminations, 0 non-renewals, 0 re acquisitions by the franchisor, and 0 ceased operations for other reasons. This resulted in 4 outlets at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of existing Bumper Man franchises. The absence of franchises ceasing operations for 'other reasons' in Louisiana during 2024 could be interpreted positively, suggesting a stable market. However, it is essential to consider this data in conjunction with other factors, such as the number of new openings, terminations, and overall economic conditions in the area.
Prospective franchisees should investigate what constitutes 'other reasons' for ceasing operations to fully understand the implications. It would also be beneficial to compare these figures with those of other states and the national average to gauge the relative health of Bumper Man franchises in Louisiana. Additionally, speaking with current and former franchisees in Louisiana can provide valuable qualitative insights to supplement the quantitative data presented in the FDD.