How many Buns On Fire outlets were operating in Illinois at the start of 2024?
Buns_On_Fire Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Termi nations | Non Renewals | Reacquired by Franchisor | Ceased Operations Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| IL | 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 |
| 2025 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Totals | 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 |
| 2025 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 45–47)
What This Means (2025 FDD)
According to Buns On Fire's 2025 Franchise Disclosure Document, there was one Buns On Fire outlet operating in Illinois at the start of 2024. The table provided in Item 20 includes information about outlets operating under a license agreement.
This indicates that if you were to become a Buns On Fire franchisee in Illinois, you would be joining a system that already has a limited presence in the state. This existing presence could be beneficial, as there may already be some brand recognition in the area. However, it's important to investigate the performance and reputation of the existing outlet to gauge the potential market and competition.
Prospective franchisees should further investigate the reasons behind the limited number of outlets and the company's plans for expansion in Illinois. Understanding the market dynamics and the franchisor's strategy for the state is crucial for making an informed investment decision.