How many company-owned Floyds 99 outlets were operating in Arizona at the start of 2022?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| Arizona | 2022 | 5 | 0 | 0 | 0 | 0 | 5 |
| 2023 | 5 | 0 | 0 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 0 | 0 | 0 | 5 |
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, there were 5 company-owned Floyds 99 outlets operating in Arizona at the start of 2022. The provided table details the number of outlets at the start and end of each year, as well as any changes that occurred during the year, such as openings, closures, or transfers. This information is crucial for potential franchisees to understand the brand's presence and stability in specific markets.
For a prospective franchisee, this data indicates the existing market saturation and brand recognition in Arizona. The fact that the number of outlets remained constant throughout 2022, 2023 and 2024 suggests a stable market presence. However, it's important to note that this data only reflects company-owned stores. A potential franchisee would also want to investigate the number of franchised locations in Arizona to get a complete picture of Floyds 99's footprint in the state.
It is also important to consider the overall trends in company-owned stores. While Arizona remained stable, the total number of company-owned Floyds 99 stores decreased from 77 at the start of 2022 to 73 by the end of 2024. This could indicate a strategic shift towards franchising or other factors affecting company-owned operations. A potential franchisee should discuss these trends with the franchisor to understand the long-term strategy and potential impact on their investment.
Understanding these trends in company-owned and franchised locations can help a prospective franchisee assess the growth potential and competitive landscape in their target market. This information, combined with further due diligence and discussions with current franchisees, can contribute to a more informed investment decision.