How many Floors To Go outlets were operating in Connecticut at the start of 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 | 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 three Floors To Go outlets operating in Connecticut at the start of 2022. The FDD provides a detailed table outlining the number of outlets at the start of each year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state. This level of detail can help prospective franchisees understand the brand's performance and stability in specific geographic areas.
For a potential Floors To Go franchisee, this information is valuable for assessing the existing market presence and growth trends in Connecticut. The fact that the number of outlets remained constant at three from 2022 through 2024 suggests a stable, but not expanding, market presence. This could indicate limited growth opportunities or a well-established market that is not experiencing significant changes.
It's important to note that while the number of outlets remained constant, other factors such as sales volume, customer satisfaction, and local market conditions could vary. A prospective franchisee should conduct further research to understand the reasons behind the lack of growth and to assess the potential for future expansion in the Connecticut market. This might involve speaking with existing franchisees, analyzing local market data, and evaluating the competitive landscape.
Overall, the data provided in the FDD offers a starting point for evaluating the Floors To Go franchise opportunity in Connecticut. However, it's crucial to supplement this information with additional research and due diligence to make an informed investment decision.