How many Floors To Go outlets were operating in Michigan at the start of 2023?
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 was one outlet operating in Michigan at the start of 2023. The table provided in Item 20 of the FDD details the number of outlets at the start of the 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 the years 2022, 2023 and 2024.
For a prospective franchisee, this information is useful in understanding the historical growth and stability of the Floors To Go brand in Michigan. Knowing the number of outlets that have opened or closed in recent years can provide insights into the market potential and competitive landscape. It also gives an idea of the brand's acceptance and performance in the state.
It is important to note that while there was one outlet in Michigan at the start of 2023, no additional outlets were opened, and none closed, so the year ended with one outlet. This data point provides a snapshot of the brand's presence and activity in Michigan during those years, which can be a factor in assessing the opportunity for a new Floors To Go franchise in that state.