For 360 Painting, what is the total number of outlets that were terminated across all states in 2024?
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 | |
| Wisconsin | 2022 | 3 | 3 | 0 | 0 | 0 | 1 | 5 |
| 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 0 | 0 | 0 | 1 | 4 | |
| Totals | 2022 | 145 | 29 | 0 | 1 | 0 | 32 | 141 |
| 2023 | 141 | 38 | 4 | 0 | 0 | 15 | 160 | |
| 2024 | 160 | 31 | 8 | 1 | 0 | 29 | 153 |
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 8 terminations across all states in 2024. This information is based on the table that outlines outlet changes from the start to the end of the year. The table provides a breakdown of the number of outlets operating at the start of the year, outlets opened, terminations, non-renewals, reacquired franchises, ceased operations for other reasons, and outlets operating at year-end.
For a prospective 360 Painting franchisee, this number provides insight into the stability and health of the franchise system. A higher number of terminations could indicate potential issues with franchisee success or franchisor-franchisee relations. However, it is important to consider this number in the context of the total number of operating units.
It is also worth noting that the table includes other categories of franchise exits, such as non-renewals and ceased operations for other reasons. These figures, when combined with terminations, can provide a more comprehensive understanding of franchisee turnover within the 360 Painting system. A prospective franchisee should investigate the reasons behind these terminations and other exits to fully assess the risks and opportunities associated with investing in a 360 Painting franchise.