How many 360 Painting franchise agreements were signed in Connecticut, but the outlet was not yet opened?
360_Painting Franchise · 2025 FDDAnswer 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 |
| Colorado | 1 | 1 | 0 |
| Connecticut | 1 | 1 | 0 |
| Florida | 8 | 8 | 0 |
| North Carolina | 2 | 2 | 0 |
| Pennsylvania | 1 | 1 | 0 |
| South Carolina | 1 | 1 | 0 |
| Texas | 7 | 7 | 0 |
| Totals | 23 | 23 | 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, as of December 31, 2024, there was one franchise agreement signed in Connecticut for a 360 Painting outlet that had not yet opened. This means that a franchisee had committed to opening a location in Connecticut by signing the franchise agreement, but the business was not yet operational at the end of the reported period.
For a prospective franchisee, this indicates the level of recent franchise activity in Connecticut. It could mean that the territory is relatively new to the 360 Painting system, or that there may be delays in the opening process. It is important to note that some signed, but not yet opened locations may not have a street address of business yet, with only the city of the territory being available.
This information is useful for understanding the current market penetration of 360 Painting in Connecticut and the potential for growth. A prospective franchisee should inquire about the reasons why the outlet has not yet opened and what support 360 Painting provides to ensure timely openings. Understanding the specific challenges and opportunities in the Connecticut market can help a franchisee make an informed decision.