How many Floors To Go franchises were transferred in Montana during 2024?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Montana | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 |
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 was one franchise transfer in Montana during 2024. This means that one existing Floors To Go franchise location in Montana was sold to a new owner during that year.
For a prospective franchisee, this indicates the potential for resale opportunities within the Floors To Go system. Franchise transfers can be a way for new franchisees to enter the system by purchasing an already established business, potentially with an existing customer base and operational history. However, it is important to investigate the reasons behind the transfer, such as the previous owner's performance, the condition of the location, and any outstanding issues.
The FDD also provides data on franchise transfers in other states and years, offering a broader view of the resale activity within the Floors To Go system. Reviewing these figures can help a potential franchisee assess the overall health and stability of the franchise network and the demand for existing franchise locations.