How many 360 Painting outlets opened in South Carolina during 2024?
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 opened in South Carolina during 2024. The table provided in Item 20 of the FDD outlines 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 year-end for each state.
Specifically, for South Carolina in 2024, there were four outlets operating at the start of the year, one outlet opened, one termination occurred, and four outlets were operating at the year's end. This data gives prospective franchisees insight into the growth and stability of 360 Painting franchises in South Carolina.
It is important to note that while one outlet opened, there was also one termination. This suggests that while there was some growth, there were also challenges faced by existing franchisees. A prospective franchisee should investigate the reasons for the termination to better understand the market dynamics and potential risks in South Carolina.