How many 360 Painting franchise agreements were signed in Florida, 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 were 8 franchise agreements signed in Florida for 360 Painting, but the outlets had not yet opened. This means that these franchisees have committed to opening a 360 Painting franchise in Florida but were still in the process of setting up their businesses as of the end of 2024.
For a prospective franchisee, this information indicates the level of recent franchise activity in Florida. It could mean that the Florida market is growing for 360 Painting, or that there may be delays in opening new locations. It is important to note that some of these signed, but not yet opened locations, may not yet have a street address of business, with the city the territory is in being provided instead.
This information is useful for understanding the current state of the 360 Painting franchise system and its growth trajectory. A potential franchisee might want to inquire about the reasons why these locations have not yet opened and what support 360 Painting provides to new franchisees to ensure timely openings.