How many Buildingstars outlets ceased operations for other reasons in Florida during 2024?
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 Buildingstars outlets in Florida that ceased operations for "other reasons" during 2024. This is based on the provided table summarizing outlet information for the fiscal year ending December 31, 2024. The table tracks 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 a prospective franchisee, this data point is important for understanding the stability and potential risks associated with operating a Buildingstars franchise in Florida. While "other reasons" is not defined in the table, it generally refers to closures that are not due to terminations, non-renewals, or reacquisition by the franchisor. These reasons could include factors like franchisee choice, poor performance, or other unforeseen circumstances.
It's worth noting that the number of outlets in Florida increased from 66 at the start of 2024 to 75 by the end of the year, even with 26 closures for other reasons. This indicates that Buildingstars opened 35 new locations in Florida during that year, demonstrating growth despite some closures. A prospective franchisee should inquire with Buildingstars about the specific reasons for these closures to better assess the health and stability of the franchise system in Florida.