table_specific

Did 360 Painting acquire any franchises during 2023 according to the table?

360_Painting Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchises as December 31, 2022 Acquired during the year Sold during the year Closed during the year Franchises as of December 31, 2023
360 Painting 138 - 41 19 160
House Doctors 50 - 13 10 53
Kitchen Wise 8 - - 2 6
Maid Right 38 - 20 14 44
Pro-Lift 68 - 41 15 94
Renew Crew 2 - 3 5 -
Rooterman 726 - 5 28 703
Rubbish Works 10 - 5 9 6
The Grout Medic 59 - 4 2 61
Window Gang - 48 - - 48
1,099 48 132 104 1,175

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 56)

What This Means (2025 FDD)

According to the 2025 FDD, 360 Painting did not acquire any franchises during 2023. The table provided shows franchise data for several brands under Premium Service Brands. For 360 Painting, the 'Acquired during the year' column indicates a value of '-'. This symbol typically means zero or not applicable, indicating no franchises were acquired by 360 Painting during that year.

This information is relevant for prospective franchisees as it provides insight into the growth strategy of 360 Painting. The absence of acquisitions suggests that 360 Painting's growth in 2023 was primarily organic, through the sale of new franchises, rather than through purchasing existing franchise locations. This may indicate a focus on developing new territories and building the brand from the ground up.

It is important to note that while 360 Painting did not acquire any franchises, other brands under Premium Service Brands, such as Window Gang, did acquire franchises during 2023. This highlights that different brands within the same parent company may pursue different growth strategies. A potential franchisee should consider these different approaches when evaluating the overall stability and expansion plans of Premium Service Brands.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.