How many 360 Painting outlets in Wisconsin were operating at the end of 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 were 4 outlets operating in Wisconsin at the end of 2024. The state had 5 outlets operating at the start of 2024, but one ceased operations for other reasons during the year, resulting in the net decrease. No outlets were terminated, non-renewed, or reacquired by the franchisor in Wisconsin during 2024.
For a prospective franchisee, this data indicates the recent performance and stability of 360 Painting franchises specifically within Wisconsin. It's important to note the single instance of 'ceased operations' and investigate the reasons behind it to understand potential challenges or market conditions in the area. This information is valuable for assessing the risk and opportunities associated with opening a 360 Painting franchise in Wisconsin.
Reviewing the historical data from 2022 and 2023 shows some fluctuation in the number of outlets. In 2022, there were 3 outlets operating at the start of the year, 3 opened, and 1 ceased operations, resulting in 5 at year-end. In 2023, there were 5 outlets operating at both the start and end of the year. This longer-term view provides a more comprehensive understanding of the franchise's performance and trends in Wisconsin.