What was the number of Bumper Man franchises sold during the year 2024?
Bumper_Man Franchise · 2025 FDDAnswer from 2025 FDD Document
| December 31, | ||
|---|---|---|
| 2024 2023 | 2022 | |
| 1) Number of franchises sold during the year | 7 3 | 1 |
Source: Item 23 — RECEIPTS (FDD pages 45–180)
What This Means (2025 FDD)
According to the 2025 Bumper Man Franchise Disclosure Document, the number of franchises sold during the year 2024 was 7. This information is part of the Item 23 disclosures, which covers data related to franchise sales, purchases, and outlet operations over the past three years.
For a prospective franchisee, this indicates the recent growth rate of the Bumper Man franchise system. Knowing the number of franchises sold can provide insights into the brand's momentum and market acceptance. A higher number of sales might suggest a strong interest in the franchise, while a lower number could warrant further investigation into the reasons behind it.
It's also useful to compare the number of franchises sold to the number of franchises purchased and the number of franchised outlets in operation. This comparison can reveal the overall health and stability of the Bumper Man franchise system, as well as potential turnover or attrition rates. A prospective franchisee should consider these figures in conjunction with other information in the FDD to assess the risks and opportunities associated with investing in a Bumper Man franchise.