Did any Alloy franchised outlets in Kentucky cease operations for reasons other than termination, non-renewal, or reacquisition in 2023?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
Years 2022 - 2024**
| State | Year | Number of | ||||||
|---|---|---|---|---|---|---|---|---|
| Transfers | ||||||||
| Utah | 2022 2023 2024 | 0 2 2 | ||||||
| Total | 2022 2023 2024 | 0 3 5 | ||||||
| State | Year | Outlets at Start of Year | Outlets Opened | Termina tions | Non Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Outlets at End of the Year |
| --------------- | ------ | -------------------------------------- | ------------------- | ------------------ | ----------------- | -------------------------------- | ----------------------------------------------- | ---------------------------------------- |
| Kentucky | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 62–69)
What This Means (2025 FDD)
According to Alloy's 2025 Franchise Disclosure Document, there were no Alloy franchise outlets in Kentucky that ceased operations for reasons other than termination, non-renewal, or reacquisition by Alloy during the year 2023. The provided table in Item 20 of the FDD details outlet information by state and year, specifically listing the number of outlets that ceased operations for 'other reasons'.
For a prospective franchisee, this indicates stability within the Kentucky market during that period. It suggests that no Alloy franchises in Kentucky closed due to financial difficulties, performance issues, or other common reasons for business closure outside of the typical franchise agreement terms.
However, it is important to note that this information only covers the specific year of 2023. A prospective franchisee should investigate further into more recent years and the general business environment in Kentucky to assess the overall risk and opportunity in that market. They should also consider speaking with current and former franchisees in Kentucky to gain a deeper understanding of their experiences and any challenges they may have faced.