FDD ITEM 20 · FISCAL 2017–2019
Amazing Lash Studio Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2019, from the 2020 FDD · 5+ years old), Amazing Lash Studio reported 237 franchised outlets at year end. 6 of 205 franchised outlets open at the start of the year left the system (exit rate 2.9%, fiscal 2019), while 39 new outlets opened. Systemwide units moved +41.9% over 2017–2019.
| Status (FTC) | 2017 | 2018 | 2019 |
|---|---|---|---|
| Outlets at start | 115 | 172 | 212 |
| Opened | 57 | 43 | 39 |
| Transfers | 12 | 9 | 18 |
| Terminations | 0 | 3 | 6 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 7 | 0 |
| Ceased — other reasons | 0 | 0 | 0 |
| Outlets at end | 172 | 212 | 244 |
| Net change | +57 | +40 | +32 |
6 terminations + 0 non-renewals + 0 ceased (other) = 6 exits ÷ 205 at start = 2.9%
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 (18) 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 | 81 | — |
| CA | 34 | — |
| FL | 26 | — |
| NJ | 17 | — |
| IL | 7 | — |
| NC | 7 | — |
| AZ | 6 | 7 |
| GA | 6 | — |
| MN | 6 | — |
| NY | 6 | — |
| PA | 6 | — |
| MO | 5 | — |
| UT | 5 | — |
| VA | 4 | — |
| KS | 3 | — |
| TN | 3 | — |
| AL | 2 | — |
| CO | 2 | — |
| IN | 2 | — |
| LA | 2 | — |
| WA | 2 | — |
| CT | 1 | — |
| IA | 1 | — |
| MA | 1 | — |
| MD | 1 | — |
| MI | 1 | — |
| NV | 1 | — |
| SD | 1 | — |
The Amazing Lash Studio validation checklist
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