In what year were there transfers of Floors To Go outlets in Oklahoma?
Floors_To_Go Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Oklahoma | 2022 | 1 |
| 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 was one transfer of a Floors To Go outlet in Oklahoma in 2022. There were no transfers in Oklahoma in 2023 or 2024. This information is based on transfers of outlets from franchisees to new owners, excluding transfers to the franchisor or its affiliates.
This data is relevant for prospective franchisees as it provides insight into the resale market and the stability of Floors To Go franchises in Oklahoma. A transfer indicates a change in ownership, which could be due to various reasons such as the franchisee retiring, relocating, or facing financial difficulties. The absence of transfers in 2023 and 2024 might suggest stability, but it is essential to investigate the reasons behind the 2022 transfer to understand the market dynamics better.
Prospective franchisees should consider this information in conjunction with other data in the FDD, such as outlet openings, closures, and terminations, to get a comprehensive view of the franchise network's health in Oklahoma. It is also advisable to speak with current and former franchisees in Oklahoma to gather more qualitative information about their experiences and the reasons for any transfers.