aggregated_summary

How many Floyds 99 outlets were reacquired by the franchisor in 2024?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

(1) All numbers are as of December 31 for each year.

Table 3.

STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 TO 2024(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, no franchised outlets were reacquired by the franchisor in 2024. The provided table, "STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 TO 2024," details the number of outlets reacquired from franchisees.

Specifically, the table provides a system-wide summary that includes the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and outlets at the end of the year. For 2024, the column "Outlets Reacquired from Franchisees" shows a count of 0.

This indicates that Floyds 99 did not repurchase any franchised locations during that year. Prospective franchisees may find this information reassuring, as it suggests that Floyds 99 is not actively taking back franchised locations, which could be a sign of instability or dissatisfaction within the franchise system.

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.