Were any Alloy franchised outlets terminated in Maryland during 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 terminations of Alloy franchises in Maryland during the year 2024. The provided table, which outlines the status of franchised outlets from 2022 to 2024, shows that in Maryland, for the year 2024, there were 0 terminations. However, 2 new Alloy outlets opened in Maryland during 2024, bringing the total to 2 at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Alloy franchises in specific locations. A high number of terminations could indicate issues with the franchise system, market saturation, or other factors that may affect the success of a franchise. The absence of terminations in Maryland during 2024 could be seen as a positive sign for the brand.
It is important to note that while there were no terminations, this does not necessarily mean that all Alloy franchises in Maryland are thriving. Other factors, such as revenue, profitability, and customer satisfaction, should also be considered when evaluating the potential of an Alloy franchise in Maryland. Reviewing the performance of existing Alloy locations in Maryland, as well as understanding the local market conditions, would be advisable for prospective franchisees.