What was the disposition of John Clevenger's 360 Painting franchise in Charlotte, North Carolina?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached as Exhibit E to this Disclosure Document is a list of the 360 Painting franchisees as of the date of this Disclosure Document.
Attached as Exhibit F is a list of 360 Painting franchisees who have been terminated, canceled or otherwise ceased to do business under the Franchise Agreement during the year ended December 31, 2024 or who have not communicated with us within 10 weeks of the date of this Disclosure Document.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–56)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for 360 Painting includes a list of current franchisees (Exhibit E) and a list of franchisees who have been terminated, canceled, or otherwise ceased to do business under the Franchise Agreement during the year ended December 31, 2024, or who have not communicated with them within 10 weeks of the date of the Disclosure Document (Exhibit F). However, the provided excerpts do not contain either of these exhibits. Therefore, it is not possible to determine from this document whether John Clevenger's 360 Painting franchise in Charlotte, North Carolina was terminated, sold, or is still operating. A prospective franchisee should request and carefully review Exhibits E and F to determine the status and history of specific franchise locations. This information is crucial for assessing the stability and potential risks associated with investing in a 360 Painting franchise.