How many company-owned Floyds 99 outlets did Floyds 99 sell to franchisees in Minnesota during 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 Floyds 99's 2025 Franchise Disclosure Document, in 2022, Floyds 99 sold 1 company-owned outlet to a franchisee in Minnesota. This means that one of the existing company-owned shops was transferred to a new franchisee during that year. At the start of 2022, there was 1 company-owned shop in Minnesota, and by the end of the year, after the sale, there were none.
For a prospective franchisee, this information indicates the potential for acquiring an existing Floyds 99 shop directly from the company, rather than only having the option to open a new location. It also shows the total number of company-owned stores in the state.
It's important to note that this is a snapshot of a single year, and the frequency of such sales can vary. Reviewing several years of FDDs would provide a more comprehensive understanding of this trend. Additionally, prospective franchisees should inquire directly with Floyds 99 about their strategy for company-owned stores and the potential for future sales to franchisees.