What was the total number of 360 Painting franchise transfers in 2022?
360_Painting Franchise · 2025 FDDAnswer from 2025 FDD Document
| Year | Number of Transfers |
|---|---|
| 2022 | 1 |
| 2023 | 0 |
| 2024 | 0 |
| 2022 | 0 |
| 2023 | 0 |
| 2024 | 1 |
| 2022 | 1 |
| 2023 | 0 |
| 2024 | 3 |
| 2022 | 0 |
| 2023 | 2 |
| 2024 | 0 |
| 2022 | 5 |
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 a total of 5 franchise transfers in 2022. This information is presented in a table format within the FDD, which also includes data for 2023 and 2024.
Franchise transfers occur when an existing franchisee sells their franchise to a new owner. A higher number of transfers could indicate a more active market for existing 360 Painting franchises, but it could also signal potential issues with franchisee profitability or satisfaction.
Prospective franchisees should investigate the reasons behind any franchise transfers to understand the health and stability of the 360 Painting franchise system. Understanding the reasons for past transfers can provide valuable insights into the potential challenges and opportunities within the 360 Painting franchise network.