How many 360 Painting outlets in Tennessee had non-renewals in 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 were 3 non-renewals of 360 Painting franchises in Tennessee during 2022. This information is part of a larger table detailing outlet information by state and year. The table also includes data on outlets operating at the start of the year, outlets opened, terminations, reacquired franchises, ceased operations for other reasons, and outlets operating at year-end.
For a prospective franchisee, this data point is important for understanding the stability and success rate of 360 Painting franchises in specific geographic areas. A high number of non-renewals could indicate issues with the market, franchisor support, or franchisee profitability. It is important to note that non-renewals are only one factor to consider when evaluating a franchise opportunity. Terminations and closures for other reasons should also be taken into account.
It is also important to consider the context of these numbers. For example, a state with many outlets may naturally have more non-renewals than a state with only a few. The overall trend in non-renewals over multiple years is also important. A single year with a high number of non-renewals may not be a cause for concern if the trend is otherwise stable.
Prospective franchisees should investigate the reasons behind non-renewals in Tennessee during 2022. This could involve speaking with current and former franchisees in the area to understand their experiences. It would also be prudent to discuss these figures with the franchisor to understand their perspective and any steps they are taking to improve franchisee success rates.