How many Floors To Go outlets were terminated in Alabama during 2024?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | 0 | 0 | 4 |
| 2023 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 1 | 0 | 0 | 0 | 1 | 5 |
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 no terminations of Floors To Go outlets in Alabama during 2024. The data provided in Item 20 includes a table outlining the status of franchised outlets from 2022 to 2024, showing the number of outlets at the start of the year, outlets opened, terminations, non-renewals, reacquisitions by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this information is crucial in assessing the stability and performance of Floors To Go franchises in specific states. A high number of terminations could indicate issues with the franchise system, market saturation, or lack of support from the franchisor. Conversely, a low number of terminations, as is the case in Alabama, may suggest a stable and well-supported franchise network.
It's important to note that while there were no terminations in Alabama during 2024, one outlet ceased operations for other reasons. This distinction is important because terminations often imply a breach of contract or poor performance, while ceasing operations for other reasons could include voluntary closures or other circumstances not directly related to the franchisee's performance. A prospective franchisee should inquire about the reasons behind any closures to gain a comprehensive understanding of the franchise's operational history in that area.
Overall, the absence of terminations for Floors To Go in Alabama during 2024 could be seen as a positive sign. However, prospective franchisees should still conduct thorough due diligence, including speaking with current and former franchisees, to fully evaluate the risks and opportunities associated with investing in a Floors To Go franchise.