FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2015–2025

BRICKS AND MINFIGS Item 20: outlets, exits & growth

In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), BRICKS AND MINFIGS reported 217 franchised outlets at year end. 3 of 154 franchised outlets open at the start of the year left the system (exit rate 1.9%, fiscal 2025), while 67 new outlets opened. Systemwide units moved +156.3% over 2023–2025.

Item 20 · outlet status by yearas filed
Status (FTC)201520162017202320242025
Outlets at start1114215587160
Opened5615357567
Transfers120436
Terminations000002
Non-renewals000200
Reacquired by franchisor000221
Ceased — other reasons100001
Outlets at end14213587160223
Net change+3+7+14+32+73+63
How the exit count is computedfiscal 2025

2 terminations + 0 non-renewals + 1 ceased (other) = 3 exits ÷ 154 at start = 1.9%

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 (6) are resales, not exits; reacquisitions by the franchisor (1) 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 202541 states/territories
StateFranchisedCompany-owned
TX29—
CA201
AZ12—
CO11—
MN10—
MI9—
NC9—
OH9—
VA9—
FL81
WA8—
WI8—
IL7—
OR70
UT71
SC5—
TN5—
GA4—
KY4—
NY4—
MO3—
PA3—
AL2—
ID21
IN2—
KS2—
LA2—
NJ2—
NV2—
AR1—
CT11
IA1—
MD1—
MS1—
MT11
NE1—
NH1—
NM1—
OK1—
RI1—
SD1—

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