How many Floors To Go outlets were non-renewed in Missouri during 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 |
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 no non-renewals of franchise agreements in Missouri during 2023. The provided table in Item 20 of the FDD outlines the status of franchised outlets, including non-renewals, for the years 2022, 2023, and 2024.
For a prospective franchisee, this indicates that existing Floors To Go franchisees in Missouri chose to renew their agreements in 2023. A non-renewal can occur for a variety of reasons, such as the franchisee deciding to exit the business, disagreements with the franchisor, or failure to meet performance standards. The absence of non-renewals in Missouri for 2023 could be a positive sign, suggesting stable relationships between Floors To Go and its franchisees in that state.
It is important to note that while no franchises were non-renewed, this does not guarantee future outcomes. Franchisees should still conduct thorough due diligence, including speaking with current and former franchisees, to understand the full picture of franchisee relations and business performance within the Floors To Go system. Understanding the reasons behind non-renewals in other states, even if Missouri had none, can provide valuable insights into potential challenges and risks.