How many Bumper Man outlets were operating in New Mexico at the end of 2022?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | |
| New Mexico | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
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 was 1 Bumper Man outlet operating in New Mexico at the end of 2022. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, any outlets opened, and the number of outlets at the end of the year for 2022, 2023, and 2024.
For a prospective franchisee, this information indicates the existing market presence of Bumper Man in New Mexico. A single outlet suggests a relatively new or small market presence, which could mean both opportunities and challenges. The opportunity could be less competition from within the Bumper Man franchise system. The challenge could be lower brand recognition in the state.
It is important to note that the table also includes information on terminations, non-renewals, reacquired franchises, and ceased operations. However, for New Mexico in 2022, all these categories are zero, indicating a stable operation for that year. Reviewing these figures over several years can reveal trends in franchise performance and stability, which is crucial for making an informed investment decision.
Prospective franchisees should further investigate the performance of the existing New Mexico outlet, understand the local market conditions, and assess the potential for growth in the area. This due diligence will help in determining whether investing in a Bumper Man franchise in New Mexico aligns with their business goals and risk tolerance.