How many 360 Painting franchises were operating as of December 31, 2022?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchises as December 31, 2022 | Acquired during the year | Sold during the year | Closed during the year | Franchises as of December 31, 2023 | |
|---|---|---|---|---|---|
| 360 Painting | 138 | - | 41 | 19 | 160 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 56)
What This Means (2025 FDD)
According to 360 Painting's 2025 Franchise Disclosure Document, there were 138 360 Painting franchises operating as of December 31, 2022. The FDD also provides data on franchise activity during 2023. During that year, 41 franchises were sold, and 19 were closed. This resulted in a total of 160 360 Painting franchises operating as of December 31, 2023.
It is important to note the changes in the number of franchises year-over-year. While the initial number of franchises provides a baseline, the sales and closures demonstrate the dynamics within the 360 Painting franchise system. A prospective franchisee should consider these figures to understand the growth and stability of the franchise network.
Monitoring the number of franchise sales and closures can provide insights into the health of the 360 Painting system. High sales figures may indicate strong interest in the franchise, while a high number of closures could raise concerns about franchisee success and support. These metrics, combined with further due diligence, can help potential franchisees make informed decisions.