For Pump It Up, how many businesses in Kansas were reacquired by the franchisor in 2024?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Businesses at Start of Year (3) | Businesses Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations Other Reasons (4) | Businesses at End of Year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| KS | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| KS | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 55–59)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, there were zero businesses in Kansas reacquired by the franchisor during 2024. The table provided in Item 20 of the FDD details the changes in franchise ownership, including re acquisitions by the franchisor.
Specifically, the table lists the number of Pump It Up businesses at the start and end of the year, as well as any changes due to businesses opening, terminations, non-renewals, re acquisitions, or other reasons for ceasing operations. For Kansas in 2024, the 'Reacquired by Franchisor' column shows a value of 0, indicating that no Pump It Up franchises in Kansas were reacquired by the company during that year.
This information is crucial for potential franchisees as it provides insight into the stability and changes within the Pump It Up franchise system. A high number of re acquisitions could indicate potential issues with franchise performance or franchisor-franchisee relations, while a low number, as in this case, suggests a more stable franchise network.