aggregated_summary

Across all locations, how many 360 Painting franchises ceased operations for other reasons in 2024?

360_Painting Franchise · 2025 FDD

Answer from 2025 FDD Document

| Tennessee | 2022 | 3 | | | 2023 | 0 | | | 2024 | 0 | | Texas | 2022 | 1 | | | 2023 | 2 | | | 2024 | 4 | | Virginia | 2022 | 0 | | | 2023 | 2 | | | 2024 | 0 | | Totals | 2022 | 12 | | | 2023 | 7 | | | 2024 | 10 | | State | Year | Outlets Operating at Start of Year | Outlets Opened | Termin ations | Non Renewals | Reacquired by Franchisor | Ceased Operations Other Reasons | Outlets Operating At Year End | |-------------|------|---------------------------------------------|-------------------|------------------|-----------------|--------------------------------|------------------------------------------|----------------------------------------| | Connecticut | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | Delaware | 2022 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | District of | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Columbia | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Florida | 2022 | 16 | 2 | 0 | 0 | 0 | 6 | 12 | | | 2023 | 12 | 17 | 0 | 0 | 0 | 3 | 26 | | | 2024 | 26 | 6 | 0 | 0 | 0 | 2 | 30 | | Georgia | 2022 | 6 | 1 | 0 | 0 | 0 | 0 | 7 | | | 2023 | 7 | 1 | 0 | 0 | 0 | 0 | 8 | | | 2024 | 8 | 0 | 0 | 0 | 0 | 1 | 7 | | Idaho | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | Illinois | 2022 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 2 | 0 | 0 | 0 | 0 | 7 | | | 2024 | 7 | 1 | 0 | 0 | 0 | 0 | 8 | | Indiana | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | | 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Iowa | 2022 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

State Year Outlets Operating at Start of Year Outlets Opened Termin ations Non Renewals Reacquired by Franchisor Ceased Operations Other Reasons Outlets Operating At Year End
Kansas 2022 2 2 0 0 0 1 3
2023 3 0 0 0 0 0 3
2024 3 0 0 0 0 0 3
Kentucky 2022 2 0 0 0 0 0 2
2023 2 0 0 0 0 0 2
2024 2 0 0 0 0 0 2
Louisiana 2022 1 0 0 0 0 0 1
2023 1 0 0 0 0 0 1
2024 1 1 0 0 0 0 2
Maryland 2022 3 0 0 0 0 0 3
2023 3 2 0 0 0 1 4
2024 4 0 1 0 0 1 2
Massachusetts 2022 1 0 0 0 0 1 0
2023 0 0 0 0 0 0 0
2024 0 0 0 0 0 0 0
Michigan 2022 3 4 0 0 0 1 6
2023 6 1 0 0 0 0 7
2024 7 0 0 1 0 3 3
Minnesota 2022 2 0 0 0 0 0 2
2023 2 0 0 0 0 1 1
2024 1 0 0 0 0 0 1
Mississippi 2022 0 0 0 0 0 0 0
2023 0

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–56)

What This Means (2025 FDD)

According to 360 Painting's 2025 Franchise Disclosure Document, a total of 10 franchises ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2024. This figure is derived from the aggregated data across all states.

The table provides a state-by-state breakdown of franchise activity, including the number of outlets operating at the start of the year, outlets opened, terminations, non-renewals, reacquired franchises, franchises that ceased operations for other reasons, and outlets operating at year-end. This level of detail can help prospective franchisees understand the dynamics within specific geographic areas.

For a prospective 360 Painting franchisee, this data highlights the importance of understanding the factors that can lead to a franchise ceasing operations, even if it's not due to direct action by the franchisor or a decision not to renew the agreement. Further investigation into the reasons behind these closures, such as local market conditions or franchisee-specific challenges, may be prudent. Reviewing the list of franchisees who have left the system, included as Exhibit F, may provide additional insights.

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.