How many Floors To Go outlets were operating in Virginia at the end 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 Floors To Go outlets operating in Virginia at the end of 2024. The FDD provides a detailed breakdown of outlet activity by state, including the number of outlets at the start of the year, outlets opened, terminations, non-renewals, re-acquisitions by the franchisor, outlets ceasing operations for other reasons, and the number of outlets at the end of the year. This information is presented in a table format, allowing prospective franchisees to easily see the historical performance of the franchise in specific states.
For a potential Floors To Go franchisee, this level of detail is valuable for assessing the brand's presence and stability in different markets. Seeing that Virginia maintained a consistent number of outlets (2) from 2022 through 2024, with no openings, closures, or transfers, could indicate a stable but not rapidly growing market. This information, combined with local market research, can help a franchisee determine the potential for growth and competition in their target area.
It's important to note that while the table provides a snapshot of outlet activity, it doesn't offer insights into the financial performance or specific challenges faced by franchisees in Virginia. A prospective franchisee should supplement this data with further due diligence, such as speaking with existing franchisees in the state and conducting a thorough market analysis. Additionally, the FDD includes exhibits listing current franchisees and those who have left the system, which can provide further context and contacts for research.