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What was the total number of Spray Net franchises that were terminated in 2023?

Spray_Net Franchise · 2025 FDD

Answer from 2025 FDD Document

| 0 | | | 2024 | 1 |

Table No. 3 Status of Franchised Outlets For Years 2022 through 2024

| | | | | | | | Ceased | | |---|---|---|---|---|---|---|---|---| | | | Outlets at | | | | Reacquired | Operations | Outlets | | | | Start of | Outlets | | Non- | by | -Other | at End of | | State | Year | the Year | Opened | Terminations | Renewals | Franchisor | Reasons | the Year | | Alabama | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Arizona | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Colorado | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | Florida | 2022 | 1 | 3 | 0 | 0 | 0 | 0 | 4 | | | 2023 | 4 | 1 | 1 | 0 | 0 | 0 | 4 | | | 2024 | 4 | 0 | 1 | 0 | 0 | 1 | 2 | | Georgia | 2022 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Illinois | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Indiana | 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 1 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Kansas | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Kentucky | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Michigan | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | New Jersey | 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 1 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | North Carolina | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 1 | 1 | 0 | 0 | 0 | 2 | | Ohio | 2022 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Oregon | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | South Carolina | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |

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
Utah 2022 0 0 0 0 0 0 0
2023 0 2 0 0 0 0 2
2024 2 0 0 0 0 0 2
Virginia 2022 0 0 0 0 0 0 0
2023 0 0 0 0 0 0 0
2024 0 2 0 0 0 0 2
Wisconsin 2022 1 0 0 0 0 0 1
2023 1 0 0 0 0 0 1
2024 1 0 0 0 0 0 1
Total 2022 11 17 2 0 0 0 26
2023 26 11 10 0 0 0 27
2024 27

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, a total of 10 franchises were terminated in 2023. The data is broken down by state, showing that Alabama, Florida, Indiana, Kansas and New Jersey each had one franchise terminated. Texas had 4 terminations in 2023, and South Carolina had one termination.

This information is crucial for potential franchisees as it provides insight into the stability and success rate of existing Spray Net franchises. A high number of terminations could indicate issues with the franchise model, market saturation, or lack of support from the franchisor. Conversely, a low number of terminations suggests a healthy and well-managed franchise system.

Prospective franchisees should investigate the reasons behind these terminations to better understand the risks and challenges associated with owning a Spray Net franchise. Understanding the causes of past terminations can help new franchisees avoid similar pitfalls and increase their chances of success. It's also important to note that Exhibit H lists the contact information of franchisees who have been terminated, cancelled, or not renewed.

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.