What was the net change in the number of franchised Floyds 99 outlets during 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 |
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, the net change in the number of franchised outlets during 2023 was an increase of 10. At the start of 2023, there were 52 franchised outlets, and by the end of the year, that number had grown to 62.
This information is valuable for potential franchisees as it provides insight into the growth and stability of the Floyds 99 franchise system. A positive net change suggests that the franchise is expanding and that franchisees are finding success, leading to overall system growth. It's important to consider this number in conjunction with other factors, such as the number of new outlets opened and any closures, to get a comprehensive understanding of the franchise's performance.
It is also important to note that all numbers are as of December 31 for each year. This detail ensures that the data reflects a consistent snapshot in time, allowing for accurate year-over-year comparisons. Prospective franchisees should review these figures carefully to assess the historical performance and potential future growth of the Floyds 99 franchise.