How many franchised Floyds 99 outlets were operating at the end of 2023?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 49 | 52 | +3 |
| 2023 | 52 | 62 | +10 | |
| 2024 | 62 | 65 | +3 | |
| Company-Owned(2) | 2022 | 77 | 76 | -1 |
| 2023 | 76 | 74 | -2 | |
| 2024 | 74 | 73 | -1 | |
| Total Outlets | 2022 | 126 | 128 | +2 |
| 2023 | 128 | 136 | +8 | |
| 2024 | 136 | 138 | +2 |
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 62 franchised outlets operating at the end of 2023. This number reflects an increase of 10 units during the 2023 fiscal year. At the start of 2023, Floyds 99 had 52 franchised locations.
This data point is crucial for potential franchisees as it illustrates the growth and expansion of Floyds 99's franchise system. A consistent increase in the number of franchised outlets can be seen as a positive indicator of the brand's appeal and the success of its franchisees.
Prospective franchisees should further investigate the reasons behind the net change in outlets, such as the opening of new locations and any terminations or non-renewals, to gain a deeper understanding of the franchise system's dynamics. Understanding the growth trajectory and the factors influencing it can help franchisees make informed decisions about their investment.