How many company-owned Floyds 99 outlets were reacquired from franchisees in 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 | |
| California | 2022 | 19 | 0 | 0 | 0 | 0 | 19 |
| 2023 | 19 | 0 | 0 | 0 | 0 | 19 | |
| 2024 | 19 | 0 | 0 | 0 | 0 | 19 | |
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of Year |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Colorado | 2022 | 21 | 0 | 0 | 0 | 0 | 21 |
| 2023 | 21 | 0 | 0 | 0 | 0 | 21 | |
| 2024 | 21 | 0 | 0 | 0 | 0 | 21 | |
| Illinois | 2022 | 13 | 0 | 0 | 0 | 0 | 13 |
| 2023 | 13 | 0 | 0 | 0 | 0 | 13 | |
| 2024 | 13 | 0 | 0 | 0 | 0 | 13 | |
| Maryland | 2022 | 10 | 0 | 0 | 0 | 0 | 10 |
| 2023 | 10 | 0 | 0 | 1 | 0 | 9 | |
| 2024 | 9 | 0 | 0 | 0 | 0 | 9 | |
| Massachusetts | 2022 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 2 | |
| Michigan | 2022 | 3 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 0 | 0 | 1 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 1 | 0 | 1 | |
| Minnesota | 2022 | 1 | 0 | 0 | 0 | 1 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Virginia | 2022 | 3 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 3 | |
| Totals | 2022 | 77 | 0 | 0 | 0 | 1 | 76 |
| 2023 | 76 | 0 | 0 | 2 | 0 | 74 | |
| 2024 | 74 | 0 | 0 | 1 | 0 | 73 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 53–57)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, in 2022, there were zero instances of company-owned outlets being reacquired from franchisees. This data is based on the information provided in Item 20, which details outlet and franchisee information. The FDD specifies that all numbers are as of December 31 for each year.
Specifically, the table provided in Item 20 breaks down outlet activity by state, including the number of outlets reacquired from franchisees. For the year 2022, across all listed states (Arizona, California, Colorado, Illinois, Maryland, Massachusetts, Michigan, Minnesota, and Virginia), the number of outlets reacquired from franchisees is consistently zero. This indicates that Floyds 99 did not reacquire any franchised locations to be company-owned during that year in these states.
It is important to note that this data reflects the specific states listed in the table. While the table provides a comprehensive overview for these states, it may not include all states where Floyds 99 operates. However, based on the information provided, the reacquisition of franchised outlets to become company-owned was not a factor in the listed states during 2022.