How many 360 Painting outlets were operating in New Mexico at the start of 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 | |
| Nebraska | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 0 | 0 | 0 | 0 | 2 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Nevada | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| New Jersey | 2022 | 4 | 1 | 0 | 0 | 0 | 2 | 3 |
| 2023 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | |
| 2024 | 4 | 1 | 0 | 0 | 0 | 2 | 3 | |
| New Mexico | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 1 | 0 | 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 one outlet operating in New Mexico at the start of 2024. Throughout 2024, no additional outlets were opened, but one termination occurred, resulting in zero outlets operating at the end of the year.
This information is crucial for prospective franchisees as it provides insight into the performance and stability of 360 Painting franchises in New Mexico. A single outlet operating at the start of the year, followed by a termination, could indicate challenges in that specific market.
Potential franchisees should further investigate the reasons behind the termination and the overall market conditions in New Mexico to assess the viability of establishing a 360 Painting franchise in that area. Understanding the factors that led to the previous franchisee's departure is essential for making an informed decision.