How many 360 Painting outlets ceased operations for other reasons in 2024?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Washington | 2022 | 6 | 0 | 0 | 0 | 0 | 4 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Wisconsin | 2022 | 3 | 3 | 0 | 0 | 0 | 1 | 5 |
| 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 0 | 0 | 0 | 1 | 4 | |
| Totals | 2022 | 145 | 29 | 0 | 1 | 0 | 32 | 141 |
| 2023 | 141 | 38 | 4 | 0 | 0 | 15 | 160 | |
| 2024 | 160 | 31 | 8 | 1 | 0 | 29 | 153 |
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, a total of 29 outlets ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2024. This figure is calculated by examining the 'Ceased Operations Other Reasons' column in the provided table for the year 2024.
The table provides a breakdown of outlet activity by state, offering a detailed view of how many outlets ceased operations for other reasons in each specific location. For example, in Florida, 2 outlets ceased operations for other reasons in 2024, while in Georgia and Idaho, 1 outlet each ceased operations for other reasons. In Wisconsin, 1 outlet ceased operations for other reasons in 2024, and in Oregon, 1 outlet ceased operations for other reasons in 2024.
This information is valuable for prospective franchisees as it offers insight into the stability and potential challenges within the 360 Painting franchise system. Understanding the reasons behind these closures, if possible, could further inform a franchisee's decision-making process. It is important to note that 'Ceased Operations Other Reasons' can encompass a variety of factors, and further investigation may be warranted to understand the specific causes in each instance. A prospective franchisee should inquire with 360 Painting about the specific reasons for these closures to gain a more comprehensive understanding.