How many franchised Floyds 99 outlets were operating at the start of 2022?
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 49 franchised outlets at the start of 2022. By the end of 2022, this number increased to 52, representing a net change of +3 for that year. This indicates a modest growth in the number of franchised Floyds 99 locations during 2022.
For a prospective franchisee, this data point provides a baseline understanding of the size and growth of the franchised portion of the Floyds 99 system. It's important to note that these figures are as of December 31st of each year, so the 'start of the year' figure reflects the number of outlets at the very end of the previous year. The growth of 3 franchised locations in 2022 can be viewed in the context of the overall system, which includes both franchised and company-owned locations.
Floyds 99's FDD also provides a breakdown of outlet activity by state. For example, in 2022, states like Arkansas, California, Colorado, and Florida maintained a consistent number of outlets throughout the year. Texas, on the other hand, saw an increase from 24 to 25 franchised locations. Examining these state-specific trends can give potential franchisees a more granular view of where Floyds 99 is expanding or maintaining its presence.
Overall, the information presented in Item 20 of the Floyds 99 FDD offers valuable insights into the historical performance and growth patterns of both franchised and company-owned outlets. This information, combined with further due diligence and conversations with existing franchisees, can help prospective franchisees make informed decisions about their investment.