How many Floors To Go outlets in Minnesota were operating at the start of 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 | 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 two outlets operating in Minnesota at the start of 2022. The FDD provides a detailed table outlining the number of outlets at the start of each year, any outlets that opened during the year, and the number of outlets at the end of the year for each state. This information is crucial for prospective franchisees to understand the brand's existing footprint and growth trajectory in specific regions.
The table also indicates that no additional Floors To Go outlets opened in Minnesota during 2022, and no outlets closed. This means that the number of operating outlets remained constant at two throughout the year. This level of detail can help potential franchisees assess the stability and potential market saturation in Minnesota.
For a prospective franchisee, this data offers insights into the existing market presence of Floors To Go in Minnesota. While two outlets might suggest a relatively untapped market, it's important to investigate further why there hasn't been more expansion. Speaking with the franchisor and existing franchisees in nearby states could provide valuable context. Additionally, reviewing the performance of the existing Minnesota locations, if possible, would be a prudent step in evaluating the opportunity.