How many Floors To Go outlets opened in Connecticut 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 | 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 new Floors To Go outlets opened in Connecticut during 2024. The FDD provides a detailed table outlining the status of franchised outlets from 2022 to 2024, showing the number of outlets at the start of each 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 Connecticut, the table indicates that there were 3 outlets at the start of 2024 and 3 outlets at the end of 2024. The 'Outlets Opened' column shows a '0' for 2024, confirming that no new Floors To Go locations were established in the state during that year. This data is consistent with the previous years, 2022 and 2023, which also show no new outlet openings in Connecticut.
For a prospective franchisee, this information suggests that the Floors To Go brand may not be actively expanding in Connecticut, or that the existing locations are adequately serving the market. It is important to note that while no new outlets opened, there were also no closures or other changes in the number of operating franchises, indicating a stable presence in the state. A potential franchisee should investigate the reasons behind the lack of new openings and assess the market conditions in Connecticut to determine the potential for growth.
It may be beneficial for a prospective franchisee to further investigate the market dynamics in Connecticut, including local competition, demographic trends, and consumer preferences, to assess the potential for success in the area. Additionally, discussing the franchisor's future development plans for Connecticut and the level of support provided to existing franchisees in the state would be valuable.