How many Bw Premier Collection franchises in Florida were not renewed in 2023?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
2024*
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Terminations | Col. 6 Non- Renewals | Col. 7 Reacquired By Franchisor | Col. 8 Ceased Operations - Other Reasons | Col. 9 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| California | 2022 | 3 | 0 | 1 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 45–54)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, one franchise in Florida was not renewed in 2023. The table provided in Item 20 outlines the status of franchised outlets from 2022 to 2024. In 2023, the number of Bw Premier Collection franchises in Florida decreased from two at the start of the year to one at the end of the year, with one non-renewal accounting for this change.
This information is relevant for prospective franchisees as it provides insight into the stability and renewal rates of Bw Premier Collection franchises in specific states. A non-renewal indicates that a franchisee chose not to continue operating under the Bw Premier Collection brand, or that Bw Premier Collection chose not to extend the agreement. This could be due to various factors, including financial performance, operational issues, or strategic decisions by either party.
It is important to note that while there was one non-renewal in Florida in 2023, there were no terminations, re acquisitions by the franchisor, or outlets ceasing operations for other reasons. This suggests that the non-renewal may have been a specific case rather than a systemic issue affecting Bw Premier Collection franchises in Florida. Prospective franchisees should further investigate the reasons behind the non-renewal to fully understand the context and potential implications for their investment.
Overall, the data indicates that Bw Premier Collection franchises generally have stable operations, with a small number of non-renewals. However, potential franchisees should conduct thorough due diligence, including speaking with current and former franchisees, to assess the risks and opportunities associated with investing in a Bw Premier Collection franchise.