Question 1

How many Bandag franchise locations are there?

Accepted Answer

Bandag currently has 162 total units, including 160 franchised locations and 2 company-owned locations.

Question 2

Is the Bandag franchise system growing or shrinking?

Accepted Answer

Bandag has experienced negative net growth of -6.9% over the past year, with a 3-year compound annual growth rate (CAGR) of -3.3%.

Question 3

What is the franchise vs. company-owned ratio for Bandag?

Accepted Answer

Bandag has a franchise ratio of 99%, meaning 99% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Bandag franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Bandag had 3 units opened and 15 units closed.