How many Floors To Go outlets opened in Tennessee during 2022?
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, one outlet opened in Tennessee during 2022. The table provided in Item 20 of the FDD details the number of outlets opened, terminated, and closed for the years 2022, 2023, and 2024. At the start of 2022, there were three Floors To Go outlets in Tennessee. By the end of 2022, the number of outlets increased to four.
This information is valuable for potential franchisees as it provides insight into the brand's growth and stability in specific regions. The 'Outlets Opened' column indicates expansion, while the other columns ('Terminations', 'Non-Renewals', 'Re-acquired by Franchisor', and 'Ceased Operations Other Reasons') can highlight potential issues or turnover within the franchise system. A combination of openings and few closures may indicate a healthy franchise system.
For a prospective Floors To Go franchisee, this data suggests that Tennessee may be a viable market for the brand. However, it's important to consider that past performance is not indicative of future results. A potential franchisee should further investigate the reasons behind outlet openings and closures, as well as the overall market conditions in Tennessee, to make an informed decision. They should also consider the projected new franchised outlets for the current fiscal year, which, according to another table, is zero for Tennessee in 2025.