According to Floyds 99's 2025 Franchise Disclosure Document, in 2024, one outlet in Minnesota ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor. The table provided in Item 20 of the FDD details the changes in outlet numbers over the past three years. This specific closure contributed to a decrease in the number of outlets in Minnesota from four at the start of 2024 to three at the end of the year.

This information is relevant for prospective franchisees as it provides insight into the stability and potential challenges of operating a Floyds 99 franchise in Minnesota. Understanding the reasons behind such closures, if possible, could help a franchisee better prepare for and mitigate similar risks. It's important to note that 'ceased operations for other reasons' can encompass a variety of factors, such as poor performance, location issues, or other unforeseen circumstances.

While one closure in a three-year period may not necessarily indicate a systemic problem, it is a point worth investigating further. A potential franchisee might want to discuss with Floyds 99 the specific reasons for this closure and what support the franchisor provides to prevent similar situations from occurring. This inquiry can help assess the level of risk and the franchisor's commitment to franchisee success.

Overall, this data point underscores the importance of conducting thorough due diligence and understanding the local market dynamics before investing in a franchise. While Floyds 99 appears to be expanding overall, awareness of past closures and their causes can contribute to a more informed investment decision.