What was the disposition of Felipe Adam's 360 Painting franchise in Allen, Texas?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Owner | City | Phone | Disposition |
|---|---|---|---|---|
| TX | Felipe Adam | Allen | (469) 396-1148 | Termination |
| TX | Felipe Adam | Allen | (469) 396-1148 | Termination |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–56)
What This Means (2025 FDD)
According to the 2025 360 Painting Franchise Disclosure Document, Felipe Adam's 360 Painting franchise in Allen, Texas, experienced a 'Termination'. This means that the franchise agreement was ended, either by the franchisor or the franchisee, prior to its natural expiration date.
Termination of a franchise can occur for various reasons, such as failure to meet performance standards, violation of the franchise agreement terms, or other breaches of contract. It's important to note that in the provided table, Felipe Adam is listed twice, indicating two separate franchise agreements or territories in Allen, Texas, both of which were terminated.
For a prospective 360 Painting franchisee, this information highlights the importance of understanding the terms and conditions of the franchise agreement, as well as the potential consequences of non-compliance. It would be prudent to inquire with 360 Painting about the specific reasons for these terminations and what steps the company takes to support franchisees in meeting their contractual obligations.