What was the total number of Floors To Go outlets at the end of 2023?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
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ITEM 20. OUTLETS AND MEMBER INFORMATION
TABLE NO. 1 SYSTEMWIDE OUTLET SUMMARY FOR YEARS 2022 TO 2024
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 151 | 151 | 0 |
| 2023 | 151 | 161 | 10 | |
| 2024 | 161 | 150 | -11 | |
| Company- | 2022 | 0 | 0 | 0 |
| Owned | ||||
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Ou |
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, at the end of 2023, there were a total of 161 outlets. This number includes 161 franchised outlets and 0 company-owned outlets.
For a prospective franchisee, this indicates the size and composition of the Floors To Go system. The fact that all locations are franchised may suggest that the franchisor is focused on supporting franchisees rather than operating company-owned stores. This could mean more resources are directed toward franchisee training and support.
However, it's important to note the changes in outlet numbers over the years presented. While there was a net increase of 10 franchised outlets in 2023, the following year saw a decrease of 11 outlets. A prospective franchisee should investigate the reasons for these changes, such as terminations, non-renewals, or other factors, to better understand the stability and growth potential of the Floors To Go franchise system.