How many Bumper Man franchises were transferred in South Carolina during 2023?

According to Bumper Man's 2025 Franchise Disclosure Document, there was one franchise transfer in South Carolina during 2023. This information is detailed in Item 20, which covers outlets and franchisee information. Franchise transfers occur when an existing franchisee sells their franchise to a new owner, subject to the franchisor's approval. This indicates a change in ownership but not necessarily the closure or opening of a Bumper Man location.

For a prospective franchisee, understanding the number of transfers can provide insights into the stability and desirability of Bumper Man franchises in a specific region. A higher number of transfers might suggest a more active market for buying and selling franchises, while a lower number could indicate longer-term ownership. It is important to note that transfers do not inherently reflect the success or failure of a franchise, but rather a change in ownership for various possible reasons.

Reviewing transfer data over several years, as presented in the FDD, can reveal trends and patterns. In the case of South Carolina, the data shows 0 transfers in 2022, 1 in 2023, and 0 in 2024. This suggests that while transfers are not common in South Carolina, they do occur. A potential franchisee should investigate the reasons behind any transfers to better understand the local market dynamics and the experiences of previous franchisees.

Prospective franchisees should also inquire with Bumper Man about the process and requirements for transferring a franchise, both as a buyer and a seller. Understanding the franchisor's role in approving transfers and any associated fees or conditions is crucial for making informed decisions about entering or exiting the franchise system.