How many 360 Painting outlets were operating in Nevada at the start of 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 the 2025 360 Painting Franchise Disclosure Document, there were zero 360 Painting outlets operating in Nevada at the beginning of 2022. The table provided in Item 20 of the FDD outlines the number of outlets operating at the start of the year, 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 various states.
For a prospective franchisee, this indicates that Nevada was a new market for 360 Painting at that time. The table also shows that one outlet opened in Nevada during 2023, and by the end of 2024, there was still only one outlet operating in the state.
This information is valuable for potential franchisees as it provides insight into the brand's growth and presence in specific regions. It can also help them assess the market potential and competition in Nevada. A prospective franchisee might want to further investigate the reasons for the slow growth in Nevada and understand the franchisor's plans for expansion in that state.