FDD ITEM 20 · FISCAL 2016
American Express Travel Related Services Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2016, from the 2017 FDD · 8+ years old), American Express Travel Related Services reported 10 franchised outlets at year end, and 10 new outlets opened during the year.
| Status (FTC) | 2016 |
|---|---|
| Outlets at start | 0 |
| Opened | 10 |
| Transfers | 0 |
| Terminations | 0 |
| Non-renewals | 0 |
| Reacquired by franchisor | 0 |
| Ceased — other reasons | 0 |
| Outlets at end | 10 |
| Net change | +10 |
0 terminations + 0 non-renewals + 0 ceased (other) = 0 exits
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 |
|---|---|---|
| NY | 2 | 0 |
| AZ | 1 | 0 |
| CT | 1 | 0 |
| FL | 1 | 0 |
| NV | 1 | 0 |
| TN | 1 | 0 |
| VA | 1 | 0 |
| VT | 1 | 0 |
| WV | 1 | 0 |
The American Express Travel Related Services validation checklist
questions built from this brand's own filings · read them all on the profile
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