How many Floors To Go outlets were terminated in Alaska during 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 no terminations of Floors To Go outlets in Alaska during 2024. The FDD provides a table outlining the status of franchised outlets, including terminations, by state and year.
Specifically, the table shows that in Alaska during 2024, there were 1 outlet at the start of the year and 0 outlets opened. There were 0 terminations, 0 non-renewals and 0 outlets reacquired by the franchisor. However, 1 outlet ceased operations for other reasons, resulting in 0 outlets at the end of the year.
It is important to note the distinction between a "termination" and ceasing operations for "other reasons." A termination typically implies action taken by the franchisor to end the franchise agreement, while "other reasons" could include the franchisee choosing to close the business for personal reasons, failure to meet performance standards (without formal termination), or other circumstances. Prospective franchisees should inquire about the specific reasons for outlets ceasing operations to better understand the stability and challenges within the Floors To Go system.