How many 360 Painting outlets were operating at year end in Ohio in 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 | |-------------|------|---------------------------------------------|-------------------|------------------|-----------------|--------------------------------|------------------------------------
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 Ohio at the end of 2024. The table in Item 20 provides a breakdown of outlet activity by state and year, detailing the number of outlets at the start of the year, outlets opened, terminations, non-renewals, re acquisitions by the franchisor, ceased operations for other reasons, and the number of outlets operating at year-end.
For a prospective franchisee, this information is crucial for understanding the brand's performance and stability in specific geographic areas. Seeing the changes in outlet numbers—openings, closures, and net growth—can provide insights into market saturation, brand acceptance, and the overall health of the franchise network in Ohio. This data helps potential franchisees assess the risks and opportunities associated with investing in a 360 Painting franchise in that state.
It is important to note that past performance is not indicative of future results. However, analyzing trends in outlet numbers can inform a franchisee's expectations and business planning. A potential franchisee should further investigate the reasons behind any terminations or closures to gain a deeper understanding of the challenges and opportunities within the 360 Painting system.