FDD ITEM 20 · FISCAL 2023–2025
ALPHAGRAPHICS Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), ALPHAGRAPHICS reported 229 franchised outlets at year end. 4 of 227 franchised outlets open at the start of the year left the system (exit rate 1.8%, fiscal 2025), while 6 new outlets opened. Systemwide units moved -1.3% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 237 | 232 | 227 |
| Opened | 5 | 2 | 6 |
| Transfers | 17 | 10 | 8 |
| Terminations | 6 | 6 | 4 |
| Non-renewals | 1 | 1 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 3 | 0 | 0 |
| Outlets at end | 232 | 227 | 229 |
| Net change | -5 | -5 | +2 |
4 terminations + 0 non-renewals + 0 ceased (other) = 4 exits ÷ 227 at start = 1.8%
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 (8) 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 |
|---|---|---|
| TX | 48 | 0 |
| CA | 15 | 0 |
| UT | 15 | 0 |
| AZ | 14 | 0 |
| IL | 14 | 0 |
| GA | 13 | 0 |
| NC | 11 | 0 |
| FL | 9 | 0 |
| MA | 9 | 0 |
| CO | 8 | 0 |
| NJ | 8 | 0 |
| TN | 6 | 0 |
| VA | 5 | 0 |
| ID | 4 | 0 |
| OH | 4 | 0 |
| AL | 3 | 0 |
| CT | 3 | 0 |
| DE | 3 | 0 |
| MN | 3 | 0 |
| NH | 3 | 0 |
| PA | 3 | 0 |
| SC | 3 | 0 |
| WI | 3 | 0 |
| IN | 2 | 0 |
| MD | 2 | 0 |
| MO | 2 | 0 |
| MT | 2 | 0 |
| NV | 2 | 0 |
| NY | 2 | 0 |
| WY | 2 | 0 |
| IA | 1 | 0 |
| KS | 1 | 0 |
| MI | 1 | 0 |
| MS | 1 | 0 |
| OR | 1 | 0 |
| RI | 1 | 0 |
| SD | 1 | 0 |
| WA | 1 | 0 |
| DC | 0 | 0 |
| NE | 0 | 0 |
| OK | 0 | 0 |
The ALPHAGRAPHICS 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 ALPHAGRAPHICS’ 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 ALPHAGRAPHICS’ numbers, including talking you out of a bad deal.