What is the purpose of Table No. 2 in the 360 Painting FDD?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
Table No. 2 TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) FOR FISCAL YEARS 2022 TO 2024
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 48–56)
What This Means (2025 FDD)
According to the 2025 360 Painting Franchise Disclosure Document, Table No. 2 provides information regarding the transfers of 360 Painting outlets from existing franchisees to new owners, excluding transfers to the franchisor. The table covers the fiscal years 2022 to 2024.
This information is valuable for potential franchisees as it provides insight into the resale market for 360 Painting franchises. A high number of transfers might indicate a healthy market for selling franchises, while a low number could suggest difficulty in finding buyers.
Reviewing this table in the FDD can help prospective franchisees understand the circumstances under which previous franchisees have transferred their businesses and assess the potential for resale in the future. It is important to note that the table excludes transfers back to 360 Painting, LLC, which might occur for different reasons than transfers to independent owners.