How many Bumper Man outlets were terminated in total across all states 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 a total of 4 terminations of Bumper Man franchises across all states in 2024. This information is detailed in the provided table, which summarizes outlet activity, including openings, terminations, and other changes.
For a prospective franchisee, this termination data is crucial for assessing the stability and success rate of Bumper Man franchises. A higher number of terminations could indicate potential issues with the franchise system, such as lack of support, poor performance, or disputes between the franchisor and franchisees. Conversely, a low number of terminations, as is the case here, suggests a more stable and potentially successful franchise network.
It is important to note that terminations are just one aspect of franchise health. Other factors, such as the number of new openings, transfers, and non-renewals, also provide valuable insights. A comprehensive review of Item 20, including discussions with current and former franchisees, is recommended to gain a thorough understanding of the Bumper Man franchise system's performance and franchisee satisfaction.