FDD ITEM 20 · FISCAL 2021–2024
Aire-Master of America Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2024, from the 2025 FDD), Aire-Master of America reported 117 franchised outlets at year end. 0 of 115 franchised outlets open at the start of the year left the system (exit rate 0.0%, fiscal 2024), while 2 new outlets opened. Systemwide units moved +6.9% over 2021–2024.
| Status (FTC) | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Outlets at start | 118 | 116 | 123 | 122 |
| Opened | 3 | 11 | 8 | 2 |
| Transfers | 2 | 5 | 3 | 2 |
| Terminations | 5 | 4 | 7 | 0 |
| Non-renewals | 0 | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 2 | 0 |
| Outlets at end | 116 | 123 | 122 | 124 |
| Net change | -2 | +7 | -1 | +2 |
0 terminations + 0 non-renewals + 0 ceased (other) = 0 exits ÷ 115 at start = 0.0%
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 (2) 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 |
|---|---|---|
| FL | 11 | — |
| TX | 11 | — |
| CA | 8 | — |
| CO | 8 | — |
| MO | 7 | 2 |
| ID | 5 | — |
| NJ | 4 | — |
| UT | 4 | — |
| AL | 3 | — |
| MS | 3 | — |
| NC | 3 | — |
| NM | 3 | — |
| OH | 3 | — |
| OR | 3 | 1 |
| PA | 3 | — |
| SC | 3 | — |
| AZ | 2 | — |
| IA | 2 | — |
| IL | 2 | 1 |
| LA | 2 | — |
| MT | 2 | — |
| NY | 2 | — |
| SD | 2 | — |
| TN | 2 | — |
| AB | 1 | — |
| AR | 1 | 1 |
| DE | 1 | — |
| GA | 1 | — |
| IN | 1 | — |
| KS | 1 | 1 |
| MD | 1 | — |
| MI | 1 | — |
| ND | 1 | — |
| NE | 1 | — |
| NV | 1 | — |
| OK | 1 | 1 |
| RI | 1 | — |
| VA | 1 | — |
| WA | 1 | — |
| WI | 1 | — |
| WY | 1 | — |
| HI | 0 | — |
| MA | 0 | — |
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