What was the disposition of Kevin Headrick's 360 Painting franchise in Frisco, Oklahoma?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Owner | City | Phone | Disposition |
|---|---|---|---|---|
| OK | Kevin Headrick | Frisco | (972) 533-7070 | Ceased Operations Other Reasons |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–56)
What This Means (2025 FDD)
According to the 2025 360 Painting FDD, Kevin Headrick's 360 Painting franchise in Frisco, Oklahoma, ceased operations for other reasons. This means that the franchise is no longer operating under the 360 Painting brand.
'Ceased Operations Other Reasons' is a broad category that could encompass a variety of situations, such as the franchisee deciding to close the business, facing financial difficulties, or other unforeseen circumstances that led to the termination of the franchise agreement. It is important to note that this is distinct from terminations initiated by the franchisor, transfers to new owners, or non-renewals of the franchise agreement.
Prospective franchisees should be aware that franchises can cease operations for various reasons, and it's crucial to conduct thorough due diligence, including speaking with current and former franchisees, to understand the potential challenges and risks involved in operating a 360 Painting franchise. Understanding the reasons behind franchise closures can provide valuable insights into the overall health and stability of the franchise system.