How many Floors To Go franchises were transferred in Texas during 2023?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Texas | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 |
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 transferred in the state of Texas during 2023. This information is part of a larger table detailing the number of franchise transfers across various states for the years 2022, 2023, and 2024.
Franchise transfers occur when an existing franchisee sells their business to a new owner, other than Floors To Go itself. Monitoring the number of transfers can provide insight into the stability and desirability of owning a Floors To Go franchise in a particular area. A high number of transfers might indicate issues with profitability or franchisee satisfaction, while a low number could suggest stability.
For a prospective Floors To Go franchisee, this data point is relevant when evaluating the Texas market. One transfer in 2023 could be viewed as a relatively low number, but further investigation is warranted to understand the reasons behind the transfer. It would be prudent to speak with current and former franchisees in Texas to gather more detailed insights into their experiences and the factors influencing franchise ownership in that state. Reviewing the overall financial performance of Floors To Go locations in Texas is also advisable to assess the market's viability.