What was the net change in the number of company-owned Buns On Fire outlets during 2024?
Buns_On_Fire Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Licensed | 2023 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | |
| 2025 | 0 | 0 | 0 | |
| Company- Owned | 2023 | 1 | 1 | 0 |
| 2024 | 1 | 2 | 1 | |
| 2025 | 2 | 2 | 0 | |
| Total Outlets | 2023 | 0 | 0 | 0 |
| 2024 | 1 | 1 | 0 | |
| 2025 | 2 | 2 | 0 |
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, the net change in the number of company-owned outlets during 2024 was an increase of one location. The FDD outlines the status of company-owned outlets, showing that Buns On Fire had one company-owned outlet at the start of 2024 and two by the end of the year. This indicates a net growth of one company-owned store during that period.
For a prospective franchisee, this information provides insight into the growth strategy of Buns On Fire. The fact that the company increased its company-owned store count suggests a willingness to invest in and operate its own locations, which could signal confidence in the brand and business model. Franchisees may want to inquire about the performance of these company-owned stores to gauge the potential profitability and operational best practices.
It's important to note that while the company added one company-owned location, the overall number of total outlets remained the same. This is because the net change for total outlets in 2024 was zero. This discrepancy may warrant further investigation to understand the dynamics between company-owned and licensed outlets within the Buns On Fire system. A potential franchisee should ask Buns On Fire about their strategy for company-owned versus franchised locations and how they support both types of outlets.
Overall, the growth in company-owned stores suggests a positive trend for Buns On Fire. However, prospective franchisees should conduct thorough due diligence, including speaking with existing franchisees and analyzing the performance of both company-owned and franchised locations, to fully understand the opportunities and risks associated with investing in a Buns On Fire franchise.