How many 360 Painting outlets opened in Kentucky 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, there were no new outlets opened in Kentucky during 2022. The table provided in Item 20 of the FDD details the number of outlets operating at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets operating at the year's end for each state.
For Kentucky in 2022, the table shows that there were two outlets operating at the start of the year, zero outlets opened, zero terminations, zero non-renewals, zero outlets reacquired by the franchisor, zero outlets that ceased operations for other reasons, and two outlets operating at the end of the year. This indicates that the number of 360 Painting franchises in Kentucky remained constant throughout 2022.
Prospective franchisees should note that while no new outlets opened in Kentucky during 2022, this does not necessarily indicate a lack of opportunity in the state. It is important to consider other factors such as market saturation, brand awareness, and local economic conditions when evaluating the potential for a 360 Painting franchise in Kentucky. Reviewing the performance of the existing two outlets and understanding the reasons behind the lack of new openings would be prudent steps in the due diligence process.