How many Floors To Go outlets were terminated in Nevada 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 | 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 two terminations of Floors To Go outlets in Nevada during 2023. The FDD provides a table outlining the status of franchised outlets from 2022 to 2024, detailing openings, terminations, non-renewals, and other reasons for closures. In 2023, Nevada saw one outlet opening but also two terminations, resulting in a decrease in the total number of outlets from two to one by the end of the year.
For a prospective franchisee, this information highlights the volatility and potential risks associated with operating a Floors To Go franchise in Nevada. While there was an opening, the terminations suggest possible challenges in maintaining successful franchise locations in that state. It is important to investigate the reasons behind these terminations to understand the market dynamics and potential pitfalls.
Understanding the reasons behind terminations, such as market saturation, economic factors, or franchisee performance issues, is crucial for making an informed decision. This data point should prompt further inquiry into the specific circumstances surrounding the Nevada terminations and the overall support and strategies Floors To Go provides to ensure franchisee success in various markets.