How many 360 Painting outlets in South Carolina had terminations 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 | |-------------|------|---------------------------------------------|-------------------|------------------|-----------------|--------------------------------|------------------------------------------|----------------------------------------| | 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, one outlet in South Carolina experienced a termination in 2024. The table provided in Item 20 outlines the number of outlets that were operating at the start of the year, opened, terminated, non-renewed, reacquired by the franchisor, ceased operations for other reasons, and the number of outlets operating at year end.
For a prospective franchisee, this data offers insight into the stability and performance of 360 Painting franchises in South Carolina. A termination could indicate various issues, such as the franchisee's failure to meet performance standards, a breach of the franchise agreement, or other operational difficulties.
It is important to note that while one termination occurred, one new outlet also opened in South Carolina during 2024. The number of outlets operating at the end of 2024 was the same as at the start of the year. Reviewing the list of franchisees who have left the system, included as Exhibit F, may provide additional context, although confidentiality agreements might limit open communication with former franchisees.