How many Floyds 99 franchised outlets were operating in Arkansas at the start of 2022?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Arkansas | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
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 was one franchised outlet operating in Arkansas at the start of 2022. The table provided in Item 20 of the FDD details the status of franchised outlets from 2022 to 2024. According to the table, this single outlet remained open throughout 2022, as no outlets were opened, terminated, non-renewed, reacquired by the franchisor, or ceased operations for other reasons during that year.
For a prospective franchisee, this indicates a limited existing presence of Floyds 99 in Arkansas as of the beginning of 2022. The presence of only one outlet might suggest an untapped market or, conversely, potential challenges in establishing the brand in that area. It is important to note that the numbers provided are as of December 31st for each year, as indicated in the table notes.
It is also worth noting that the Arkansas location was transferred to a new franchisee, Shear Drive Group, LLC, during this period. This transfer may have implications for the stability and performance of the outlet, and prospective franchisees should investigate the reasons behind the transfer and the performance of the new franchisee. Further research and due diligence are advised to understand the market dynamics and potential opportunities or challenges in Arkansas.