FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2013–2015

CRUISE PLANNERS Item 20: outlets, closures & growth

In its latest FDD Item 20 (fiscal 2015), CRUISE PLANNERS reported 2,105 franchised outlets at year end. 173 of 1,795 franchised outlets open at the start of the year left the system — an annualized exit rate of 9.6%— while 483 new outlets opened. Systemwide units moved +40.5% over 2013–2015.

Item 20 · outlet status by yearas filed
Status (FTC)201320142015
Outlets at start1,1981,4991,796
Opened439471483
Transfers000
Terminations636568
Non-renewals556889
Reacquired by franchisor000
Ceased — other reasons204116
Outlets at end1,4991,7962,106
Net change+301+297+310
How the exit count is computedfiscal 2015

68 terminations + 89 non-renewals + 16 ceased (other) = 173 exits ÷ 1,795 at start = 9.6%

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.

Franchised outlets by state · fiscal 2015102 states/territories
StateFranchisedCompany-owned
FL4761
FL4761
TX194
TX194
CA183
CA183
NY160
NY160
GA90
GA90
VA87
VA87
NJ85
NJ85
PA67
PA67
AZ56
AZ56
IL52
IL52
CO51
CO51
NC51
NC51
MD40
MD40
MA38
MA38
OH38
OH38
SC33
SC33
IN30
IN30
TN29
TN29
MI28
MI28
MO24
MO24
CT23
CT23
NV23
NV23
WA23
WA23
MN21
MN21
WI18
WI18
LA17
LA17
AL16
AL16
UT16
UT16
KS15
KS15
NH15
NH15
OR15
OR15
KY13
KY13
OK10
OK10
DE9
DE9
AR8
AR8
ID6
ID6
MS5
MS5
NE5
NE5
NM5
NM5
HI4
HI4
RI4
RI4
ME3
ME3
MT3
MT3
WV3
WV3
AK2
AK2
DC2
DC2
IA2
IA2
ND2
ND2
SD2
SD2
VT2
VT2
WY1
WY1
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