How many Floors To Go franchises were transferred in Oregon during 2024?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Oregon | 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 Oregon during 2024. This means that an existing Floors To Go franchise location in Oregon was sold to a new owner during that year.
For a potential franchisee, this information provides insight into the resale market for Floors To Go franchises. A low number of transfers could indicate that franchisees are generally satisfied with their businesses and are not looking to sell. Conversely, a high number might suggest potential issues with profitability or franchisee satisfaction, prompting more owners to transfer their locations to new ownership.
It's important to note that franchise transfers are a normal part of the franchise lifecycle. They can occur for various reasons, such as the original franchisee's retirement, relocation, or a change in their business interests. Prospective franchisees should inquire about the reasons behind any transfers to gain a better understanding of the franchise system's health and stability.