How many company-owned Floors To Go outlets were operating at the end of 2022?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
36_Picture_0.jpeg)
ITEM 20. OUTLETS AND MEMBER INFORMATION
TABLE NO. 1 SYSTEMWIDE OUTLET SUMMARY FOR YEARS 2022 TO 2024
| Outlet Type | Year | Outlets at the Start of the Year | Outlets
Source: Item 20 — OUTLETS AND MEMBER INFORMATION (FDD pages 37–47)
What This Means (2025 FDD)
According to Floors To Go's 2025 Franchise Disclosure Document, there were no company-owned outlets operating at the end of 2022. The provided table, titled "Systemwide Outlet Summary for Years 2022 to 2024", indicates that the number of company-owned outlets at the start of 2022 was zero, and the net change throughout the year was also zero. Therefore, the number of company-owned Floors To Go outlets at the end of 2022 remained at zero.
This information is crucial for potential franchisees as it provides insight into Floors To Go's business model. The fact that Floors To Go does not operate any company-owned outlets suggests a strong focus on franchising as the primary method of expansion and operation. This might indicate that the franchisor's revenue is heavily dependent on franchise fees and royalties rather than direct sales from company-operated stores.
For a prospective franchisee, this could mean that Floors To Go's success is closely tied to the success of its franchisees. It also suggests that the franchisor may not be directly competing with its franchisees through company-owned locations, which is often seen as a positive aspect. However, it also means that potential franchisees may need to rely more on the franchisor's support and training, as there are no company-owned examples to directly observe and learn from.
It is important for potential franchisees to further investigate the reasons behind Floors To Go's decision not to operate company-owned outlets. Understanding the franchisor's strategy and priorities can help franchisees make informed decisions and assess the level of support and resources they can expect from the franchisor.