How many Bumper Man franchises in Maryland were not renewed in 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 non-renewals of Bumper Man franchises in Maryland during 2024. The provided table outlines the status of franchised outlets from 2022 to 2024, showing that the number of franchises in Maryland remained constant at two during this period. Specifically, the 'Non Renewals' column for Maryland in 2024 indicates a value of 0.
This information is relevant for prospective franchisees as it provides insight into the stability and renewal rates of Bumper Man franchises in specific states. A history of consistent renewal rates can be seen as a positive indicator of franchisee satisfaction and the overall health of the franchise system. Conversely, high non-renewal rates could signal potential issues with the franchise model or franchisee support.
It's important to note that while the table provides a snapshot of franchise activity over the past three years, it does not guarantee future performance. Factors such as local market conditions, franchisee management skills, and changes in the competitive landscape can all influence renewal decisions. Therefore, prospective franchisees should conduct thorough due diligence and speak with existing franchisees to gain a comprehensive understanding of the Bumper Man franchise opportunity.