How many 360 Painting outlets were terminated in Maryland during 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, there was one termination of a 360 Painting outlet in Maryland during 2024. The information is based on the table that provides details on outlet activity by state and year.
Specifically, the table includes data on the number of outlets operating at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets operating at the year's end. This level of detail can be helpful for prospective franchisees to understand the stability and growth trends of the franchise system in different geographic areas.
It's important to note that while the table provides a clear overview of outlet activity, it does not offer specific reasons for terminations or other changes. A prospective 360 Painting franchisee might want to further investigate the reasons behind terminations and closures to gain a deeper understanding of the challenges and opportunities in specific markets.