How many Spray Net outlets were terminated in Texas during 2023?
Spray_Net Franchise · 2025 FDDAnswer from 2025 FDD Document
| Tennessee | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
|---|---|---|---|---|---|---|---|---|
| 2023 | 1 | 2 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| Texas | 2022 | 3 | 7 | 0 | 0 | 0 | 0 | 10 |
| 2023 | 10 | 0 | 4 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 1 | 0 | 0 | 0 | 2 | 5 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 72–75)
What This Means (2025 FDD)
According to Spray Net's 2025 Franchise Disclosure Document, there were 4 terminations of Spray Net outlets in Texas during 2023. The table provided in Item 20 details the status of franchised outlets, including terminations, on a state-by-state basis. This information is crucial for prospective franchisees to understand the stability and turnover within the Spray Net franchise system.
Specifically, the table shows that Texas began 2023 with 10 outlets, had no new outlets open during the year, and ended the year with 6 outlets. The difference is accounted for by the 4 terminations.
Reviewing termination rates and reasons for closures is a standard part of franchise due diligence. High termination numbers can be a red flag, indicating potential issues with the franchise model, franchisee support, or market conditions. A prospective Spray Net franchisee should investigate the reasons behind these terminations in Texas to assess any risks associated with operating in that state.