table_specific

How many 360 Painting franchise agreements were signed in Arizona, but the outlet was not yet opened?

360_Painting Franchise · 2025 FDD

Answer from 2025 FDD Document

State Franchise Agreements Signed But Outlet Not Opened Projected New Franchised Projected New Company-Owned Outlets in the Next Fiscal Year
Outlets in the Next Fiscal Year
Arizona 2 2 0

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, as of December 31, 2024, there were two franchise agreements signed in Arizona for 360 Painting, but the outlets were not yet opened. This means that these franchisees had committed to opening a 360 Painting franchise in Arizona but had not yet commenced operations by the end of 2024.

For a prospective franchisee, this information indicates the recent growth and expansion activity of 360 Painting. Seeing multiple signed agreements in a specific state, like Arizona, could suggest a growing interest in the franchise within that region. It's important to note that the FDD clarifies that some signed, but not yet opened locations may not have a street address of business yet, and the city the territory is in has been provided instead.

This data point is useful for understanding the current state of franchise development and market penetration for 360 Painting. A potential franchisee might want to investigate further to understand the reasons why these locations are not yet open and what support 360 Painting provides to new franchisees during their initial setup phase. It also provides a basis for comparison against the projected new franchised outlets in Arizona, which is also listed as two, suggesting a steady pace of development.

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.