How many Floors To Go outlets experienced non-renewals in Iowa during 2022?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
2024 | 0 | | Totals | 2022 | 1 | | | 2023 | 2 | | | 2024 | 5 | TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 TO 2024*
| State | Year | Outlets at Start of Year | Outlets Opened | Termin -ations | Non- Renew- als | Re- acquired by Fran- chisor | Ceased Opera- tions Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2022 | 4 | 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 were zero non-renewals in Iowa during 2022. The table provided in Item 20 outlines the status of franchised outlets, including details on terminations, non-renewals, and other reasons for ceased operations.
Specifically, the excerpt shows that for Iowa in 2022, there were 4 outlets at the start of the year, zero outlets opened, zero terminations, zero non-renewals, zero re-acquisitions by the franchisor, zero ceased operations for other reasons, and 4 outlets at the end of the year. This indicates that all Floors To Go franchises in Iowa remained in operation and were renewed during that year.
For a prospective franchisee, this information is valuable as it provides insight into the stability and renewal rates of Floors To Go franchises in specific states. A high number of non-renewals could indicate issues with franchisee profitability or support, while a low number, as seen in Iowa, suggests a stable and potentially successful market for the franchise.