How many 360 Painting franchise agreements were signed in Pennsylvania, 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 Pennsylvania for which the outlet had not yet opened. This means that a franchisee in Pennsylvania had signed the agreement but had not yet commenced operations by the end of 2024.
For a prospective franchisee, this indicates the pace of new outlet openings within the 360 Painting system. It's important to note that the reasons for a signed franchise not being open can vary. It could be due to delays in securing a location, completing necessary training, or other logistical challenges.
This information is useful for understanding the current state of franchise development within 360 Painting. A potential franchisee might want to inquire about the typical timeline between signing an agreement and opening the outlet, as well as the support 360 Painting provides to ensure a timely opening.