How many Alloy franchise agreements have been signed in California, but the outlet has not yet opened?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Franchise Agreements Signed but Outlet Not Opened | Projected New Franchised Outlets in the Next Fiscal Year | Projected New Company-Owned Outlets in the Next Fiscal Year |
|---|---|---|---|
| Alabama | 1 | 1 | 0 |
| Arizona | 1 | 1 | 0 |
| California | 11 | 12 | 0 |
| Colorado | 4 | 4 | 0 |
| Florida | 5 | 5 | 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, as of the date of the FDD, there were 11 franchise agreements signed in California for Alloy fitness studios, but the outlets had not yet opened. This means that these franchisees have committed to opening a location but are still in the process of securing real estate, completing build-out, training staff, or other pre-opening activities.
This figure is important for potential franchisees to consider as it provides insight into the brand's growth and market penetration in California. A high number of signed agreements without open locations could indicate delays in the opening process, which might be due to factors such as difficulty in finding suitable locations, construction delays, or challenges in securing financing.
It is also worth noting that Alloy projects opening 12 new franchised outlets in California in the next fiscal year. This indicates continued interest and expansion plans for the brand within the state. Prospective franchisees should inquire about the typical timeline from signing the franchise agreement to opening the doors, and what support Alloy provides during this pre-opening phase. Understanding these factors can help a franchisee better prepare for the challenges and opportunities of launching an Alloy franchise.