FDD ITEM 20 · FISCAL 2023–2025
CRITERIUM ENGINEERS Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), CRITERIUM ENGINEERS reported 29 franchised outlets at year end. 2 of 31 franchised outlets open at the start of the year left the system — an annualized exit rate of 6.5%— while 1 new outlets opened. Systemwide units moved -6.3% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 31 | 32 | 32 |
| Opened | 2 | 0 | 1 |
| Transfers | 0 | 1 | 2 |
| Terminations | 0 | 0 | 2 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 1 | 0 | 0 |
| Outlets at end | 32 | 32 | 30 |
| Net change | +1 | 0 | -2 |
2 terminations + 0 non-renewals + 0 ceased (other) = 2 exits ÷ 31 at start = 6.5%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (2) 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 |
|---|---|---|
| TX | 5 | — |
| CO | 2 | — |
| GA | 2 | — |
| OH | 2 | — |
| WA | 2 | — |
| AL | 1 | — |
| AZ | 1 | — |
| DE | 1 | — |
| FL | 1 | — |
| IN | 1 | — |
| MA | 1 | — |
| MD | 1 | — |
| ME | 1 | 1 |
| MN | 1 | — |
| MO | 1 | — |
| NH | 1 | — |
| NJ | 1 | — |
| NM | 1 | — |
| NV | 1 | — |
| PA | 1 | — |
| TN | 1 | — |
| VT | 1 | — |
| HI | 0 | — |
| MS | 0 | — |
| ON | 0 | — |
| UT | 0 | — |
| WV | 0 | — |
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing CRITERIUM ENGINEERS's numbers, including talking you out of a bad deal.
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