FDD ITEM 20 · FISCAL 2023–2025
ABRAKADOODLE INC FRANCHISE AGREEMENT Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), ABRAKADOODLE INC FRANCHISE AGREEMENT reported 34 franchised outlets at year end. 3 of 35 franchised outlets open at the start of the year left the system — an annualized exit rate of 8.6%— 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 franchisee involuntarily or terminally leaves the system. Transfers (0) are resales, not exits; reacquisitions by the franchisor (0) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
| 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 | — |
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