How many 360 Painting franchise agreements were signed in South Carolina, 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 the 2025 360 Painting Franchise Disclosure Document, as of December 31, 2024, there was one franchise agreement signed in South Carolina for which the outlet had not yet opened. This means that a franchisee had committed to opening a 360 Painting business in South Carolina, but the location was not operational by the end of 2024.
This information is useful for prospective franchisees as it provides a snapshot of the brand's growth and development in specific regions. A signed but not yet opened franchise indicates potential for future market presence and brand recognition in South Carolina. It also suggests that there may be opportunities to establish a 360 Painting business in an area where the brand is still relatively new.
It is important to note that the reasons for a franchise not being open can vary. It could be due to delays in securing a suitable location, completing necessary build-out or training, or other logistical challenges. A prospective franchisee should inquire about the typical timeline for opening a 360 Painting franchise and any potential factors that could impact that timeline.