How many 360 Painting outlets were operating at year end in Texas 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 were 4 outlets operating in Texas at the end of 2024. The table provided in Item 20 details the number of outlets operating at the start of the year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets operating at year-end for each state.
For a prospective 360 Painting franchisee in Texas, this indicates a moderate level of existing market presence. It is important to note the growth from 1 outlet in 2022 to 4 in 2024, which may suggest increasing brand recognition and market penetration in Texas. A new franchisee should investigate the performance of these existing outlets and understand the factors driving growth in the region.
It is also important to consider the number of outlets that ceased operations for other reasons, as this could indicate challenges within the market. However, in the case of Texas, there were no such closures reported in 2022, 2023, or 2024. This information helps a potential franchisee assess the stability and growth potential of the 360 Painting franchise in Texas.