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How many Floyds 99 outlets closed in total during 2023?

Floyds_99 Franchise · 2025 FDD

Answer 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, there were a total of 2 company-owned outlets that closed during 2023. Specifically, one Floyds 99 location closed in Maryland and one closed in Michigan during that year.

These closures contribute to a net decrease of 2 company-owned outlets, as the number of company-owned locations decreased from 76 at the start of 2023 to 74 by the end of the year.

It is important to note that this data reflects company-owned locations only. The FDD does not specify if any franchised locations closed during 2023.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.