How many Bumper Man franchises in Maryland ceased operations for other reasons 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 franchises in Maryland that ceased operations for other reasons in 2022. The provided table in Item 20 outlines the status of franchised outlets from 2022 to 2024, detailing openings, terminations, non-renewals, re acquisitions and instances of closures for other reasons.
For a prospective franchisee, this indicates stability within the Maryland market during that period. It's important to note that 'ceased operations for other reasons' can encompass a variety of circumstances, such as mutual agreement to close, landlord issues, or other unforeseen events not covered by standard termination or non-renewal clauses.
While the data suggests stability, it is advisable for potential franchisees to further investigate the specific reasons for any franchise closures in their target area, speaking directly with current and former franchisees to gain a comprehensive understanding of the business environment. This due diligence can provide valuable insights beyond the data presented in the FDD.