How many 360 Painting franchises were terminated in 2023?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
| | 2023 | 7 | | State | Year | Outlets Operating at Start of Year | Outlets Opened | Termin ations | Non Renewals | Reacquired by Franchisor | Ceased Operations Other Reasons | Outlets Operating At Year End | |-------------|------|---------------------------------------------|-------------------|------------------|-----------------|--------------------------------|------------------------------------------|----------------------------------------|
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, there were 7 terminations of 360 Painting franchises in 2023. This number is derived from the 'Terminations' column in the provided table, which summarizes outlet data across various states. The table provides a year-by-year breakdown, allowing prospective franchisees to understand the recent history of franchise terminations within the 360 Painting system.
Specifically, the table includes data on the number of outlets operating at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets operating at year-end. This comprehensive overview helps potential franchisees assess the stability and turnover within the 360 Painting franchise network.
It is important to note that the terminations represent only one aspect of franchise performance. Other factors, such as the number of new openings and the reasons for ceased operations, should also be considered when evaluating the overall health and growth of the 360 Painting franchise system. Reviewing these figures in combination provides a more complete picture for prospective franchisees.