How many Alloy outlets were operating in Michigan at the start of 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 2 Alloy outlets operating in Michigan at the start of 2024. The table provided in Item 20 of the FDD includes specific details regarding the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this level of detail offers transparency into the brand's growth and stability in specific markets. Knowing the number of outlets already operating in a state can help a franchisee assess market saturation and potential competition. It also provides insight into the brand's acceptance and performance in that geographic area.
It is important to note that while the FDD provides historical data, it does not guarantee future performance. Factors such as local market conditions, competition, and the franchisee's own management skills will also play a significant role in the success of an Alloy franchise.