What was the total number of Alloy outlets in North Carolina at the end of 2024?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
|---|---|---|---|---|---|---|---|---|
| North | 2022 | 2 | 1 | 0 | 0 | 0 | 0 | 3 |
| Carolina | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
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 3 Alloy outlets in North Carolina at the end of 2024. The table provided in Item 20 of the FDD details the changes in outlet numbers over the past three years. In 2022, North Carolina started with 2 outlets, opened 1, and ended the year with 3. The number of outlets remained constant at 3 for both 2023 and 2024, with no openings, terminations, non-renewals, re acquisitions by the franchisor, or other reasons for ceased operations during those years. This indicates a period of stability in the number of Alloy locations within North Carolina during those years.
For a prospective franchisee, this data offers insights into the brand's growth and stability within the state. The fact that the number of outlets remained constant in 2023 and 2024 could suggest a saturation of the market, a strategic pause in expansion, or other factors influencing growth. It's important to note that while the number of outlets remained the same, this doesn't necessarily reflect the performance or profitability of those existing locations.
It would be prudent for a potential franchisee to investigate further into the reasons behind the static number of outlets. Understanding the market dynamics, the performance of existing locations, and Alloy's future expansion plans for North Carolina would be crucial in making an informed investment decision. This information, combined with other factors such as the initial investment, ongoing fees, and support provided by the franchisor, will help assess the overall viability of the franchise opportunity.