How many 360 Painting outlets in Washington ceased operations for other reasons in 2022?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Washington | 2022 | 6 | 0 | 0 | 0 | 0 | 4 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
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, in the state of Washington, 4 outlets ceased operations for other reasons during 2022. At the start of 2022, there were 6 outlets operating in Washington. After 4 closures for other reasons, 360 Painting ended 2022 with only 2 outlets operating in Washington.
'Ceased Operations Other Reasons' typically refers to closures for circumstances other than terminations, non-renewals, or reacquisition by the franchisor. These reasons could include the franchisee's decision to close due to poor performance, health issues, or other personal circumstances. It's important to note that a relatively high number of closures in a specific area might indicate challenges within that market.
A prospective 360 Painting franchisee should investigate the reasons behind these closures in Washington during 2022. Understanding the specific challenges faced by those franchisees can provide valuable insights into the potential risks and opportunities in that market. This information can help a new franchisee prepare for and mitigate similar issues, potentially improving their chances of success.