How many Floors To Go outlets opened in Minnesota 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 Floors To Go's 2025 Franchise Disclosure Document, there were no new Floors To Go outlets opened in Minnesota during 2024. The FDD provides a table outlining the status of franchised outlets from 2022 to 2024. In Minnesota, the number of outlets at the start of 2024 was two, and the number of outlets at the end of 2024 remained at two. This indicates that while there were existing Floors To Go locations, no new locations were established during that year.
For a prospective franchisee, this data indicates that the Floors To Go brand may not be actively expanding in Minnesota. It could suggest a stable market presence or a lack of available territories. It is important to note that while no new stores opened, none closed either, suggesting a stable market.
It would be prudent for a potential franchisee to investigate the reasons behind the lack of new openings. This could involve researching market saturation, the availability of suitable locations, or Floors To Go's strategic focus in the region. Understanding these factors is crucial for assessing the potential for growth and success in the Minnesota market.