How many 360 Painting outlets ceased operations for other reasons in Montana during 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 |
|---|---|---|---|---|---|---|---|---|
| Montana | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | 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 360 Painting location in Montana ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2024. At the start of 2024, there was one outlet operating in Montana. By the end of 2024, after one outlet ceased operations for other reasons, there were no outlets operating in Montana.
This information is valuable for potential franchisees as it provides insight into the stability and performance of 360 Painting franchises in specific geographic areas. The fact that an outlet ceased operations for unspecified reasons could indicate challenges or market conditions unique to Montana that prospective franchisees should investigate.
It is important to note that 'ceased operations for other reasons' can encompass a variety of situations, such as the franchisee deciding to close the business due to financial difficulties, personal reasons, or other factors not directly related to the franchisor's actions or the franchise agreement's terms. A prospective franchisee should seek clarification from 360 Painting about the specific reasons for the closure to better assess the risks and opportunities associated with operating a franchise in Montana or similar markets.
Understanding the reasons behind outlet closures can help a potential franchisee make a more informed decision and develop a more robust business plan that addresses potential challenges in their target market.