FDD ITEM 20 · FISCAL 2018–2025
BLO BLOW DRY BAR INC. Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), BLO BLOW DRY BAR INC. reported 114 franchised outlets at year end. 1 of 100 franchised outlets open at the start of the year left the system (exit rate 1.0%, fiscal 2025), while 15 new outlets opened. Systemwide units moved +26.7% over 2023–2025.
| Status (FTC) | 2018 | 2019 | 2020 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Outlets at start | 44 | 57 | 71 | 81 | 90 | 101 |
| Opened | 14 | 18 | 10 | 11 | 14 | 15 |
| Transfers | 8 | 5 | 4 | 4 | 1 | 9 |
| Terminations | 0 | 0 | 1 | 2 | 3 | 1 |
| Non-renewals | 0 | 3 | 1 | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 | 1 | 0 | 0 |
| Ceased — other reasons | 0 | 1 | 1 | 0 | 0 | 0 |
| Outlets at end | 57 | 71 | 78 | 90 | 101 | 114 |
| Net change | +13 | +14 | +7 | +9 | +11 | +13 |
1 terminations + 0 non-renewals + 0 ceased (other) = 1 exits ÷ 100 at start = 1.0%
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 (9) 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 | 33 | — |
| FL | 16 | — |
| CA | 7 | — |
| NY | 6 | — |
| GA | 4 | — |
| NC | 4 | — |
| NJ | 4 | — |
| TN | 4 | — |
| AZ | 3 | — |
| CO | 3 | 0 |
| CT | 3 | — |
| IN | 2 | — |
| MA | 2 | — |
| OH | 2 | — |
| OK | 2 | — |
| SC | 2 | — |
| AL | 1 | — |
| DE | 1 | — |
| IA | 1 | — |
| ID | 1 | — |
| IL | 1 | — |
| KY | 1 | — |
| LA | 1 | — |
| MI | 1 | — |
| MO | 1 | — |
| NH | 1 | — |
| NM | 1 | — |
| NV | 1 | — |
| PA | 1 | — |
| RI | 1 | — |
| VA | 1 | — |
| WI | 1 | — |
| UT | 0 | — |
| WA | 0 | — |
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