How many Bumper Man franchisees terminated their franchised businesses during the last fiscal year?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
Unless otherwise noted, the information in the charts in this Item 20 are provided as of December 31st of each year:
A list of our current franchisees is included as Exhibit E. During our last fiscal year, 4 franchisees terminated their franchised businesses and 2 franchisees ceased operations for other reasons. No other franchisee had its franchise terminated within 10 weeks of the issuance date of this Disclosure Document. The terminated franchisees' contact information is below.
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, four franchisees terminated their franchise agreements during the last fiscal year. Additionally, two franchisees ceased operations for other reasons. The FDD states that the contact information for the terminated franchisees is available.
This information is crucial for potential franchisees as it provides insight into the stability and success rate of existing Bumper Man franchises. A high number of terminations could indicate issues with the franchise system, such as lack of support, poor profitability, or disputes with the franchisor.
Prospective franchisees should carefully review the list of terminated franchisees and consider contacting them to understand the reasons behind their decisions. Understanding why franchisees leave the system can help a potential franchisee assess the risks and benefits of investing in a Bumper Man franchise. It's also important to note the distinction between 'terminations' and 'ceased operations for other reasons,' as the latter might include situations like the franchisee selling the business or relocating.