How many 360 Painting outlets were operating in Tennessee at the start of 2024?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 0 | |
|---|---|---|
| 2024 | 1 | |
| Ohio | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| South Carolina | 2022 | 1 |
| 2023 | 1 | |
| 2024 | 0 | |
| Tennessee | 2022 | 3 |
| 2023 | 0 | |
| 2024 | 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 were zero outlets operating in Tennessee at the start of 2024. The provided table in Item 20 outlines the number of outlets operating at the start of the year, outlets opened, terminations, non-renewals, re acquisitions by the franchisor, ceased operations for other reasons, and outlets operating at year end for the years 2022, 2023, and 2024.
For a prospective franchisee, this indicates that 360 Painting's presence in Tennessee has fluctuated. There were three outlets operating in 2022, but none in 2023 or 2024. This could represent an opportunity for a new franchisee to establish a strong presence in the state, or it could signal challenges in maintaining successful operations in that market.
It would be prudent for a potential franchisee to investigate the reasons behind the closures in Tennessee. Understanding the factors that led to previous franchisees ceasing operations can provide valuable insights into the market dynamics and potential challenges in that specific region. This information can help a new franchisee develop strategies to mitigate risks and improve their chances of success.