How many Floors To Go outlets were operating in Minnesota at the start of 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 2 outlets operating in Minnesota at the start of 2024. The provided table in Item 20 outlines 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 various states.
For a prospective franchisee, this information indicates the existing market presence of Floors To Go in Minnesota. With 2 outlets already established, a new franchisee might face competition from existing locations. However, it could also signify an established brand recognition and customer base in the state.
It's important to note that no Floors To Go outlets opened, terminated, non-renewed, or were reacquired in Minnesota during 2023 or 2024. This could indicate a stable market or a lack of growth opportunities. A potential franchisee should investigate the performance and market dynamics of the existing Minnesota locations to assess the viability of opening a new franchise.