factual

As of what date are the numbers reported for the status of company-owned Floyds 99 outlets for each year?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

(1) All numbers are as of December 31 for each year.

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 53–57)

What This Means (2025 FDD)

According to Floyds 99's 2025 Franchise Disclosure Document, the numbers reported for the status of company-owned outlets for each year are as of December 31st. This applies to the data presented for the years 2022, 2023, and 2024. This information is crucial for prospective franchisees as it provides a consistent annual snapshot of the company's performance and outlet statistics.

Specifically, this date is used when reporting the status of company-owned outlets. This includes details such as the number of outlets at the start and end of each year, as well as any net changes. The consistency in reporting date allows for a clear year-over-year comparison, which can be valuable in assessing the stability and growth of Floyds 99's company-owned operations.

Understanding that the data is standardized to the end of the calendar year helps franchisees contextualize the information. For example, if a franchisee is reviewing the number of company-owned outlets opened or closed during a particular year, they know that these figures reflect the cumulative activity up to December 31st. This ensures that franchisees are making informed decisions based on reliable and uniformly collected data.

Prospective franchisees should pay close attention to these dates when analyzing the performance data provided in the FDD. The December 31st cutoff ensures that all data is consistently measured, allowing for accurate comparisons and trend analysis. This is a standard practice in franchise disclosure to provide a clear and reliable overview of the franchise system's performance.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.