How many 360 Painting outlets ceased operations for other reasons in Massachusetts during 2022?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
| Tennessee | 2022 | 3 | | | 2023 | 0 | | | 2024 | 0 | | Texas | 2022 | 1 | | | 2023 | 2 | | | 2024 | 4 | | Virginia | 2022 | 0 | | | 2023 | 2 | | | 2024 | 0 | | Totals | 2022 | 12 | | | 2023 | 7 | | | 2024 | 10 | | 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 | |-------------|------|---------------------------------------------|-------------------|------------------|-----------------|--------------------------------|------------------------------------------|----------------------------------------| | Connecticut | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 1 | 0 | 0 | 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, one outlet in Massachusetts ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2022. The FDD provides a detailed table outlining outlet activity across various states and years. This data point falls under the column 'Ceased Operations Other Reasons,' offering insight into the stability and potential challenges faced by 360 Painting franchisees in specific regions.
For a prospective franchisee, this information is crucial for assessing the risks associated with operating a 360 Painting franchise in Massachusetts. While one closure might not seem alarming, it prompts further investigation into the reasons behind it. Understanding why an outlet closed, whether due to local market conditions, management issues, or other unforeseen circumstances, can help a new franchisee prepare for potential challenges and develop strategies to mitigate similar risks.
It's important to note that the FDD also provides data on outlets that ceased operations for other reasons in other states. For example, in Florida, six outlets ceased operations for other reasons in 2022. Comparing these figures across different states can reveal broader trends and regional variations in franchise performance. A prospective franchisee should analyze these trends to identify potential areas of concern and assess the overall health of the 360 Painting franchise system.
Therefore, a prospective 360 Painting franchisee should inquire with the franchisor about the specific reasons for the outlet closure in Massachusetts during 2022. Additionally, they should investigate the factors contributing to closures in other states to gain a comprehensive understanding of the challenges and opportunities associated with owning a 360 Painting franchise.