How many 360 Painting outlets were operating in Nevada at the end of 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, there was 1 outlet operating in Nevada at the end of 2024. The state of Nevada had no 360 Painting outlets operating in 2022. In 2023, one outlet opened. No outlets were terminated, non-renewed, reacquired by the franchisor, or ceased operations for other reasons in 2024. Therefore, the number of 360 Painting outlets operating at the end of 2024 remained at 1.
This information is valuable for potential franchisees as it provides insight into the growth and stability of 360 Painting in Nevada. The presence of even a single outlet suggests some market penetration, but the absence of growth in 2024 could indicate challenges or a need for more aggressive expansion strategies. A prospective franchisee should further investigate the performance and market conditions of the existing Nevada outlet to assess the potential for success.
It's important to note that while the table provides a historical overview of outlet activity, it does not offer specific details about the financial performance or customer satisfaction of individual locations. This type of aggregate data is typical in FDDs, offering a broad overview rather than granular details. A potential franchisee should speak with the existing franchisee in Nevada to gain a deeper understanding of the market dynamics and operational realities.