What was the total number of Floyds 99 outlets at the end 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, at the end of 2022, there were a total of 128 outlets. This total comprises both franchised and company-owned locations. Specifically, there were 52 franchised outlets and 76 company-owned outlets.
For a prospective franchisee, this indicates the overall scale of the Floyds 99 system and the relative proportion of franchised versus company-owned units. The growth in total outlets from 126 at the start of 2022 to 128 by year-end shows a modest net increase of 2 locations during that year.
It's worth noting that while the total number of franchised locations increased by 3, the number of company-owned locations decreased by 1 during 2022. This could reflect a strategic shift in Floyds 99's business model, such as a greater emphasis on franchising or the reacquisition of underperforming company-owned stores. A prospective franchisee may want to inquire about the reasons for these changes and whether they are part of a broader trend.
Understanding the dynamics between franchised and company-owned stores can provide valuable insights into the franchisor's priorities and potential opportunities for franchisees within the Floyds 99 system. Reviewing these figures over several years, as presented in the FDD, can further illuminate these trends.