For 360 Painting, in which state did an outlet cease operations for 'other reasons' in 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 | 0 | 2 | | Delaware | 2022 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | District of | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Columbia | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Florida | 2022 | 16 | 2 | 0 | 0 | 0 | 6 | 12 | | | 2023 | 12 | 17 | 0 | 0 | 0 | 3 | 26 | | | 2024 | 26 | 6 | 0 | 0 | 0 | 2 | 30 | | Georgia | 2022 | 6 | 1 | 0 | 0 | 0 | 0 | 7 | | | 2023 | 7 | 1 | 0 | 0 | 0 | 0 | 8 | | | 2024 | 8 | 0 | 0 | 0 | 0 | 1 | 7 | | Idaho | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | Illinois | 2022 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 2 | 0 | 0 | 0 | 0 | 7 | | | 2024 | 7 | 1 | 0 | 0 | 0 | 0 | 8 | | Indiana | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | | 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Iowa | 2022 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Kansas | 2022 | 2 | 2 | 0 | 0 | 0 | 1 | 3 |
| 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Kentucky | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Louisiana | 2022 | 1 | 0 | 0 | 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, several states experienced an outlet ceasing operations for 'other reasons' during 2024. Specifically, Delaware, Florida, Georgia, Idaho, Montana and New Jersey each had one or more outlets that ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor.
In Delaware, out of the one outlet operating at the start of 2024, none ceased operations for 'other reasons'. Florida had 26 outlets operating at the start of 2024, and two ceased operations for 'other reasons'. Georgia started 2024 with eight outlets, and one ceased operations for 'other reasons'. Idaho, Montana each had one outlet operating at the start of 2024, and one in each state ceased operations for 'other reasons'. New Jersey had four outlets operating at the start of 2024, and two ceased operations for 'other reasons'.
It is important for a prospective 360 Painting franchisee to understand why outlets might cease operations for 'other reasons'. This could include factors like the franchisee's personal circumstances, local market conditions, or other unforeseen issues. Investigating these instances further by speaking with current and former franchisees may provide valuable insights.
Understanding the reasons behind these closures can help a potential franchisee assess the risks and opportunities associated with investing in a 360 Painting franchise in a particular state. This information, combined with a thorough review of the FDD and conversations with existing franchisees, can contribute to making a well-informed decision.