How many Pump It Up stores closed during 2024?
Pump_It_Up Franchise · 2025 FDDAnswer from 2025 FDD Document
| Pump It Up | BounceU | |||
|---|---|---|---|---|
| Franchised Locations: | ||||
| Store Count as of December 31, 2023 | 46 | 11 | ||
| Store Openings During 2024 | - | - | ||
| Store Closings During 2024 | (4) | - | ||
| Store Count as of December 31, 2024 | 42 | 11 |
Source: Item 23 — RECEIPTS (FDD pages 60–225)
What This Means (2025 FDD)
According to Pump It Up's 2025 Franchise Disclosure Document, four franchised locations closed during 2024. At the start of the year, Pump It Up had 46 franchised locations. With no new openings and four closures, the year ended with 42 locations. This information is part of the Item 23 disclosures, which provide data on store openings and closures for both Pump It Up and BounceU franchises.
Potential franchisees should consider the closure rate when evaluating the overall health and stability of the franchise system. While closures can occur for various reasons, a high number may indicate underlying issues with the business model, market saturation, or franchisor support. It's important to investigate the reasons behind these closures and assess whether the franchisor is taking steps to address any systemic problems.
For comparison, the FDD also provides data on BounceU, a related franchise. In 2024, BounceU had no store openings or closures, maintaining a consistent 11 locations throughout the year. Comparing the performance of different brands under the same parent company can offer additional insights into the relative strengths and weaknesses of each franchise opportunity.
Prospective franchisees should ask Pump It Up about the reasons for the closures, the locations of the closed stores, and any support or training programs in place to help franchisees succeed. Understanding the factors that contribute to both success and failure within the franchise system is crucial for making an informed investment decision.