FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2023–2025

Avis Rent A Car Systems Item 20: outlets, exits & growth

In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), Avis Rent A Car Systems reported 189 franchised outlets at year end. 1 of 186 franchised outlets open at the start of the year left the system (exit rate 0.5%, fiscal 2025), while 4 new outlets opened. Systemwide units moved +8.2% over 2023–2025.

Item 20 · outlet status by yearas filed
Status (FTC)202320242025
Outlets at start1,8041,8601,900
Opened18204
Transfers0315
Terminations000
Non-renewals000
Reacquired by franchisor600
Ceased — other reasons1031
Outlets at end1,8601,9002,012
Net change+56+40+112
How the exit count is computedfiscal 2025

0 terminations + 0 non-renewals + 1 ceased (other) = 1 exits ÷ 186 at start = 0.5%

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 (15) 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.

Franchised outlets by state · fiscal 202551 states/territories
StateFranchisedCompany-owned
NJ4167
WI3114
ND14—
PA1441
AK13—
MO11291
AL1020
GA663
IA69
MN616
SD6—
UT68
LA421
MI444
WY45
WA321
AZ253
SC218
NE17
NV124
AR014
CA0224
CO043
CT023
DC08
DE09
FL0222
HI017
ID08
IL064
IN021
KS013
KY08
MA039
MD028
ME06
MS014
MT08
NC042
NH024
NM010
NY083
OH062
OK016
OR018
RI05
TN036
TX0240
VA042
VT03
WV03

The Avis Rent A Car Systems validation checklist

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