FDD ITEM 20 · FISCAL 2023–2025
Abrakadoodle Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), Abrakadoodle reported 34 franchised outlets at year end. 3 of 35 franchised outlets open at the start of the year left the system (exit rate 8.6%, fiscal 2025), while 2 new outlets opened. Systemwide units moved -2.7% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 36 | 37 | 37 |
| Opened | 3 | 4 | 2 |
| Transfers | 1 | 0 | 0 |
| Terminations | 0 | 1 | 0 |
| Non-renewals | 0 | 0 | 2 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 2 | 3 | 1 |
| Outlets at end | 37 | 37 | 36 |
| Net change | +1 | 0 | -1 |
0 terminations + 2 non-renewals + 1 ceased (other) = 3 exits ÷ 35 at start = 8.6%
These are the three FTC Item 20 statuses in which a franchised outlet left the system — including voluntary non-renewals and outlets that ceased for other reasons, which can include sales or absorption into another franchise. Transfers (0) are resales, not exits; reacquisitions by the franchisor (0) are tracked separately. There is no official “failure rate”, and not every exit is a closure or a failure; Item 20 does not say why any outlet left. On a small starting base, a single exit moves this rate sharply.
| State | Franchised | Company-owned |
|---|---|---|
| MD | 6 | — |
| TX | 5 | — |
| VA | 4 | 2 |
| AL | 2 | — |
| CT | 2 | — |
| IL | 2 | — |
| MI | 2 | — |
| MN | 2 | — |
| NJ | 2 | — |
| CA | 1 | — |
| DC | 1 | — |
| FL | 1 | — |
| LA | 1 | — |
| NY | 1 | — |
| OH | 1 | — |
| PA | 1 | — |
| AZ | 0 | — |
| CO | 0 | — |
| NC | 0 | — |
The Abrakadoodle validation checklist
questions built from this brand's own filings · read them all on the profile
Want this as a checklist you can take to the calls?
I'll email you the printable version, and tell you if Abrakadoodle’s numbers move — a new filing, a rising exit rate, a distress signal. Unsubscribe in one click.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing Abrakadoodle’s numbers, including talking you out of a bad deal.