How many Floors To Go outlets were non-renewed in Alaska during 2024?
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 the 2025 Floors To Go Franchise Disclosure Document, there were no non-renewals of Floors To Go outlets in Alaska during 2024. The FDD provides a table outlining the status of franchised outlets, including terminations, non-renewals, and other reasons for ceased operations.
Specifically, the table details the changes in the number of outlets in each state over the past three years. For Alaska in 2024, the number of non-renewals is listed as zero. However, one outlet in Alaska ceased operations for other reasons during 2024, resulting in the outlet count decreasing from one to zero by the end of the year.
Prospective franchisees should pay close attention to these figures as they provide insight into the stability and performance of existing franchises. A high number of non-renewals or terminations could indicate issues with the franchise system or market conditions. It's also important to note the reasons for outlets ceasing operations, as this can highlight potential challenges franchisees might face. Reviewing this data in conjunction with discussions with current and former franchisees can offer a more comprehensive understanding of the franchise opportunity.