How many 360 Painting outlets were operating in South Dakota 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 360 Painting's 2025 Franchise Disclosure Document, there was one outlet operating in South Dakota at the start of 2022. This indicates a relatively small presence for the franchise in that state.
For a prospective franchisee, this information could be valuable in assessing the market potential and brand recognition in South Dakota. A single outlet might mean there's room for growth and less competition from within the franchise system itself. However, it could also indicate challenges in establishing the brand in that particular market.
It would be prudent for a potential franchisee to investigate further into why there is only one outlet. Understanding the history, performance, and market conditions surrounding the existing 360 Painting location in South Dakota could provide crucial insights for making an informed investment decision.