How many franchised Pump It Up businesses were operating at the start of 2023?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| Business Type | Year | Business at Start of the Year | Business at End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 54 | 48 | -6 | |
| Franchised Pump It Up | 2023 | 48 | 46 | -2 |
| Businesses | 2024 | 46 | 42 | -4 |
| 2022 | 0 | 0 | 0 | |
| Company Owned Pump It | 2023 | 0 | 0 | 0 |
| Up Businesses | 2024 | 0 | 0 | 0 |
| 2022 | 54 | 48 | -6 | |
| Total Outlets | 2023 | 48 | 46 | -2 |
| 2024 | 46 | 42 | -4 |
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 48 franchised Pump It Up businesses operating at the start of 2023. This number reflects the count of franchised locations that were open and running as of January 1, 2023. This information is crucial for potential franchisees as it provides a snapshot of the franchise system's size and stability at that specific point in time.
It's important to note that this figure represents the number of businesses at the very beginning of the year. Throughout 2023, the number of franchised Pump It Up businesses decreased to 46 by the end of the year, indicating a net change of -2. This change could be due to various factors such as closures, terminations, or non-renewals of franchise agreements. Understanding these dynamics is essential for assessing the overall health and growth trajectory of the Pump It Up franchise system.
Prospective franchisees should consider this information in conjunction with other data provided in Item 20 of the FDD, such as the locations of these franchises and any transfers or terminations that occurred during the reported period. Analyzing these trends can offer a more comprehensive understanding of the opportunities and challenges within the Pump It Up franchise network. Additionally, it is advisable to speak with existing franchisees to gain firsthand insights into their experiences and the factors that may have contributed to changes in outlet numbers.