How many Floors To Go outlets opened in Alabama during 2023?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | 0 | 0 | 4 |
| 2023 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 1 | 0 | 0 | 0 | 1 | 5 |
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 was one outlet opened in Alabama during 2023. The table provided in Item 20 outlines the status of franchised outlets from 2022 to 2024, showing the changes in the number of outlets in each state. At the start of 2023, there were 4 outlets, and 1 new outlet was opened, bringing the total to 5 by the end of the year.
This information is crucial for potential franchisees as it provides insight into the brand's growth and presence in specific regions. Observing the number of new openings can indicate the brand's expansion strategy and market penetration efforts. It also allows prospective franchisees to gauge the level of competition and market saturation in a particular state.
For example, if a potential franchisee is considering opening a Floors To Go franchise in Alabama, they can see that there was some growth in 2023. This could be a positive sign, but it's essential to consider the broader context, such as the terminations, non-renewals, and overall economic conditions in the area. Further research into why only one store opened may be beneficial.
Overall, the data presented in Item 20 helps potential franchisees assess the opportunities and challenges associated with investing in a Floors To Go franchise in different states. Reviewing this information alongside other factors, such as market demand and competition, is essential for making an informed decision.