How many Bumper Man outlets opened in South Carolina during 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 | 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, one outlet opened in South Carolina during 2024. The table in Item 20 provides a breakdown of outlet activity by state and year, showing that the number of Bumper Man locations in South Carolina increased by one during that year.
This information is crucial for potential franchisees as it offers insight into the brand's expansion and performance in specific geographic areas. A growing number of outlets can indicate a healthy demand for Bumper Man's services and a successful franchise model. Conversely, a lack of growth or a decline in outlet numbers could raise concerns about market saturation or franchisee profitability.
It's important to note that while one new Bumper Man location opened in South Carolina during 2024, the table also shows that the total number of outlets at the end of the year increased from 4 to 5. This suggests that the new outlet contributed to the overall growth of the Bumper Man franchise network in the state. Prospective franchisees should further investigate the reasons behind outlet openings and closures to gain a comprehensive understanding of the franchise's performance and stability in their target market.
Overall, the data presented in Item 20 provides valuable information for potential Bumper Man franchisees to assess the brand's growth trajectory and market presence in different states. By analyzing the trends in outlet openings, closures, and transfers, prospective franchisees can make informed decisions about the viability of investing in a Bumper Man franchise in their desired location.