In Maryland, how many Floors To Go franchises were transferred in 2024?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Maryland | 2022 | 0 |
| 2023 | 0 | |
| 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 were zero franchise transfers in Maryland during 2024. The provided table in Item 20 outlines the number of franchise transfers by state and year. This data helps prospective franchisees understand the resale activity within the Floors To Go system.
For a potential franchisee, a low number of transfers could indicate several things. It might suggest that existing franchisees are generally satisfied with their businesses and are not looking to sell. Alternatively, it could also mean that there is a limited market for resales, possibly due to financial performance or other factors. It is important to investigate the reasons behind the transfer numbers to get a clearer picture.
While zero transfers might seem positive on the surface, it's crucial to dig deeper. A prospective Floors To Go franchisee should consider asking the franchisor about the average profitability of locations in Maryland, the reasons why franchisees might choose to leave the system, and the overall support provided to help franchisees succeed. Understanding these factors will provide a more comprehensive view of the franchise opportunity in Maryland.