In 2024, how many Buildingstars outlets ceased operations for reasons other than termination, non-renewal, or reacquisition in Florida?
Buildingstars Franchise · 2025 FDDAnswer from 2025 FDD Document
023 | 0 | | | 2024 | 0 | | | 2022 | 6 | | Total | 2023 | 5 | | | 2024 | 1 |
Table 3 Status of Franchised Outlets For years 2022 to 2024
| 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 |
|---|---|---|---|---|---|---|---|---|
| 2022 | 89 | 25 | 0 | 0 | 0 | 28 | 86 | |
| AZ | 2023 | 86 | 23 | 0 | 0 | 0 | 19 | 90 |
| 2024 | 90 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 34–43)
What This Means (2025 FDD)
According to Buildingstars' 2025 Franchise Disclosure Document, there were 26 outlets in Florida that ceased operations for reasons other than terminations, non-renewals, or reacquisition by Buildingstars in 2024.
This data point is important for prospective franchisees as it provides insight into the stability and potential risks associated with operating a Buildingstars franchise in Florida. Ceasing operations for "other reasons" can include factors like franchisee choice to close, business failure, or other unforeseen circumstances that lead to closure.
It's worth noting that while 26 outlets ceased operations for other reasons, no outlets were terminated, non-renewed, or reacquired by Buildingstars in Florida during 2024. This could suggest that the "other reasons" are more related to individual franchisee circumstances rather than systemic issues with the franchise itself. A prospective franchisee should inquire with Buildingstars about the specific reasons for these closures to better understand the potential challenges and opportunities in the Florida market.