What was the number of Floors To Go franchise transfers in Missouri during 2023?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Missouri | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 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 zero franchise transfers in Missouri during 2023. This means that no existing Floors To Go franchisees in Missouri sold their businesses to new owners during that year.
For a potential franchisee, a low number of transfers could be seen as a positive sign, suggesting that franchisees are generally satisfied with their businesses and are not looking to sell. However, it could also indicate a lack of liquidity in the market for Floors To Go franchises, making it potentially difficult to sell a franchise if the franchisee later decides to exit the business.
It is important to note that franchise transfers are just one aspect of the overall health and stability of a franchise system. Prospective franchisees should also consider other factors, such as the number of new outlets opening, terminations, and non-renewals, as well as the franchisor's financial performance and the level of support provided to franchisees. Reviewing the complete Item 20 data provides a more comprehensive understanding of franchise activity within the Floors To Go system.