How many Floors To Go outlets were transferred in Florida during 2024?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Florida | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 |
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 was one transfer of a Floors To Go outlet in Florida during 2024. This information is based on the table that summarizes transfers of outlets from franchisees to new owners, excluding transfers to the franchisor or its affiliates.
This data point is relevant for prospective franchisees as it provides insight into the resale activity within the Floors To Go franchise system. A transfer indicates that an existing franchisee has sold their business to a new owner. Monitoring the number of transfers can help potential franchisees gauge the stability and desirability of owning a Floors To Go franchise in a specific area.
It's important to note that this transfer number only reflects transactions between franchisees and new owners, not closures or re acquisitions by Floors To Go. Reviewing transfer rates alongside outlet openings and closures can provide a more comprehensive understanding of the franchise network's health and franchisee turnover.