How many Bumper Man franchises were transferred in South Carolina during 2024?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| South Carolina | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Total | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 |
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 zero franchise transfers in South Carolina during 2024. The FDD provides a table outlining the number of franchise transfers by state and year. This information is crucial for potential franchisees as it can provide insights into the stability and desirability of Bumper Man franchises in specific regions.
The absence of transfers in South Carolina during 2024 could be interpreted in several ways. It might suggest that existing franchisees are satisfied with their businesses and are not looking to sell. Alternatively, it could indicate a lack of demand from potential buyers in that area. Further investigation would be needed to determine the underlying reasons.
Reviewing transfer data over several years, as presented in the FDD, can help prospective franchisees identify trends and assess the overall health of the Bumper Man franchise system in different geographic locations. It is important to consider this information in conjunction with other factors, such as the number of new outlets opened, terminations, and non-renewals, to gain a comprehensive understanding of the franchise's performance.