How many Floors To Go outlets were transferred in Indiana during 2023?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Indiana | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 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 was one transfer of a Floors To Go outlet in Indiana during 2023. This information is based on the table summarizing transfers of outlets from franchisees to new owners.
This data point is relevant for prospective franchisees as it provides insight into the ownership changes within the Floors To Go franchise system. A transfer indicates a change in ownership from one franchisee to another, which could be due to various reasons such as retirement, relocation, or business performance.
Understanding the number of transfers can help a potential franchisee assess the stability and desirability of owning a Floors To Go franchise in a specific state. A higher number of transfers might warrant further investigation into the reasons behind these changes, while a low number could suggest a stable franchise environment.
It is important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Floors To Go itself. Therefore, a comprehensive understanding of outlet changes would require considering other factors such as terminations, non-renewals, and re acquisitions by the franchisor.