FDD ITEM 20 · FISCAL 2023–2025
CR3 American Exteriors (Unit) Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), CR3 American Exteriors (Unit) reported 13 franchised outlets at year end. 5 of 13 franchised outlets open at the start of the year left the system — an annualized exit rate of 38.5%— while 5 new outlets opened. Systemwide units moved +54.5% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 5 | 11 | 17 |
| Opened | 8 | 9 | 5 |
| Transfers | 0 | 0 | 0 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 4 | 5 |
| Outlets at end | 11 | 17 | 17 |
| Net change | +6 | +6 | 0 |
0 terminations + 0 non-renewals + 5 ceased (other) = 5 exits ÷ 13 at start = 38.5%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (0) are resales, not exits; reacquisitions by the franchisor (0) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
| State | Franchised | Company-owned |
|---|---|---|
| North Carolina | 3 | 1 |
| Florida | 2 | — |
| Texas | 2 | — |
| Colorado | 1 | — |
| Connecticut | 1 | — |
| Delaware | 1 | 0 |
| Maryland | 1 | 1 |
| Michigan | 1 | — |
| Ohio | 1 | — |
| Arizona | 0 | — |
| Georgia | 0 | — |
| New York | 0 | — |
| Pennsylvania | 0 | 1 |
| South Carolina | 0 | 1 |
| Tennessee | 0 | — |
| Virginia | 0 | 1 |
The CR3 American Exteriors (Unit) validation checklist
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