How many Floors To Go outlets in New Jersey opened in 2023?
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 | 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, one outlet opened in New Jersey during 2023. The table provided in Item 20 of the FDD outlines the status of franchised outlets from 2022 to 2024. It includes details such as the number of outlets at the start of the year, the number of outlets opened, terminations, non-renewals, reacquisitions by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
Specifically, for New Jersey in 2023, the table shows that there were four outlets at the start of the year and five outlets at the end of the year. There was one outlet opening during the year. There were no terminations, non-renewals, reacquisitions by the franchisor or outlets ceasing operations for other reasons.
This information is valuable for potential franchisees as it provides a clear picture of the brand's growth and stability in a specific state. It is important to note that past performance does not guarantee future results, but this data can help franchisees assess the potential for success in a particular market. Reviewing this data in conjunction with other factors, such as market demographics and competition, can help prospective franchisees make informed decisions.