How many Floors To Go outlets were terminated in Arkansas 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 zero terminations of Floors To Go outlets in Arkansas during 2024. However, the FDD indicates that three outlets in Arkansas ceased operations for other reasons during 2024. This resulted in the number of outlets in Arkansas decreasing from four at the start of the year to one by the end of 2024.
It is important to note the distinction between a "termination" and "ceased operations for other reasons." A termination typically implies action taken by the franchisor due to the franchisee's failure to comply with the franchise agreement. "Ceased operations for other reasons" can include a variety of circumstances such as voluntary closure by the franchisee due to poor performance, relocation, or other personal or business factors.
For a prospective Floors To Go franchisee, this data highlights the importance of understanding the local market conditions in Arkansas and the factors that may contribute to an outlet's success or failure. While no franchises were terminated, the fact that three ceased operations suggests potential challenges in that market. A potential franchisee should investigate the reasons for these closures to assess the risks and opportunities in Arkansas.