How many Bumper Man franchises in Kentucky were terminated in 2022?
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 franchise terminations in Kentucky during 2022. The provided table outlines the status of franchised outlets from 2022 to 2024, showing that Kentucky had three outlets at the start of 2022, opened zero new outlets, had zero terminations, and ended the year with three outlets. This suggests stability in the Kentucky market for Bumper Man during that period.
For a prospective franchisee, this information indicates that Bumper Man's Kentucky locations have not faced termination issues in the recent past. This could be interpreted as a positive sign, suggesting a stable or supportive environment for franchisees in that state. However, it is important to consider that this is just one aspect of the franchise's performance and should be evaluated alongside other factors such as financial performance, market conditions, and franchisee satisfaction.
It is also worth noting that while there were no terminations, the table does not provide specific reasons for why franchises might have been terminated in other states or years. A potential franchisee should investigate the reasons behind any terminations in other locations to understand potential risks and challenges within the Bumper Man franchise system. Understanding the factors that contribute to franchise success and failure is crucial for making an informed investment decision.
Overall, the absence of terminations in Kentucky during 2022 could be seen as a positive indicator, but it is essential to conduct thorough due diligence and consider a wide range of factors before investing in a Bumper Man franchise.