How many Pump It Up businesses in Michigan were operating at the start of 2023?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 0 | | Washington | 2022 | 0 | | | 2023 | 0 | | | 2024 | 2 | | Total | 2022 | 2 | | | 2023 | 3 | | | 2024 | 4 | Table No. 3 Status of Franchised Pump It Up Businesses
For Years 2022 to 2024 (1)
| 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 |
|---|---|---|---|---|---|---|---|---|
| 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| AL | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 |
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 3 Pump It Up businesses operating in Michigan at the start of 2023. The FDD provides a table that lists the number of businesses at the start of the year, businesses opened, terminations, non-renewals, businesses reacquired by the franchisor, businesses that ceased operations for other reasons, and the number of businesses at the end of the year for each state.
For a prospective franchisee, this information is useful in understanding the stability and growth of Pump It Up franchises in specific states. The table shows that in Michigan, no additional businesses were opened, terminated, reacquired, or ceased operations during 2023, so the number of businesses remained constant at 3 throughout the year.
It is important to note that this data reflects the status as of December 31, 2023. Reviewing this table for multiple years can reveal trends in the number of Pump It Up locations and potential factors affecting business operations in different states. This can help a potential franchisee assess the risks and opportunities associated with opening a franchise in a particular area.