How many Floors To Go outlets terminated in Idaho during 2023?
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 |
Source: Item 20 — OUTLETS AND MEMBER INFORMATION (FDD pages 37–47)
What This Means (2025 FDD)
According to the 2025 Floors To Go Franchise Disclosure Document, there were no terminations of Floors To Go outlets in Idaho during 2023. The provided table outlines the status of franchised outlets from 2022 to 2024, showing that in 2023, Idaho had one outlet at the start of the year, opened one new outlet, and had two outlets at the end of the year. The 'Terminations' column for Idaho in 2023 lists '0', indicating that no franchise agreements were terminated.
This information is relevant for prospective franchisees as it provides insight into the stability and performance of Floors To Go franchises in specific states. A low number of terminations can be seen as a positive indicator, suggesting that franchisees are generally successful and satisfied with their business. Conversely, a high number of terminations might warrant further investigation into the reasons behind those closures.
It is important to note that this data only reflects terminations, which occur when a franchise agreement is ended prematurely. It does not include instances where a franchise agreement expires and is not renewed (non-renewals) or where the franchise is reacquired by Floors To Go. These other types of franchise exits are listed in separate columns in the table, providing a more comprehensive view of franchise turnover.
Prospective franchisees should consider this information in conjunction with other factors, such as the number of new outlets opened, the overall financial performance of Floors To Go, and the level of support provided by the franchisor, to make an informed decision about investing in a Floors To Go franchise.