Did any Alloy franchised outlets in Maryland cease operations for reasons other than termination, non-renewal, or reacquisition in 2024?
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 franchised outlets in Maryland that ceased operations due to reasons other than termination, non-renewal, or reacquisition by the franchisor during the year 2024. The provided table in Item 20 of the FDD outlines outlet data by state and year, including the number of outlets that ceased operations for other reasons.
Specifically, for Maryland in 2024, the table indicates that there were 0 outlets that ceased operations for reasons other than termination, non-renewal, or reacquisition. This suggests that all changes in outlet numbers were due to new openings, terminations, non-renewals, or re acquisitions. In 2024, two Alloy outlets opened in Maryland, and none closed for the aforementioned reasons, resulting in two Alloy outlets at the end of the year.
For a prospective franchisee, this information is reassuring as it indicates stability within the Alloy franchise system in Maryland. It suggests that outlets are not closing for unspecified or concerning reasons, which could be a positive indicator of the franchise's health and support system. However, it is important to consider this data in conjunction with other factors, such as the overall number of outlets, the length of time the franchise has been operating in the state, and the reasons for any terminations or non-renewals.