FDD ITEM 20 · FISCAL 2023–2025
CRUMBL Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), CRUMBL reported 1,101 franchised outlets at year end. 9 of 1,058 franchised outlets open at the start of the year left the system (exit rate 0.9%, fiscal 2025), while 52 new outlets opened. Systemwide units moved +13.3% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 690 | 972 | 1,059 |
| Opened | 288 | 100 | 52 |
| Transfers | 44 | 62 | 82 |
| Terminations | 6 | 12 | 8 |
| Non-renewals | 0 | 0 | 1 |
| Reacquired by franchisor | 1 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 0 |
| Outlets at end | 972 | 1,059 | 1,101 |
| Net change | +282 | +87 | +42 |
8 terminations + 1 non-renewals + 0 ceased (other) = 9 exits ÷ 1,058 at start = 0.9%
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 (82) 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 |
|---|---|---|
| CA | 144 | 0 |
| TX | 106 | — |
| FL | 83 | — |
| OH | 48 | — |
| IL | 41 | — |
| GA | 37 | — |
| NC | 34 | — |
| VA | 34 | — |
| PA | 32 | — |
| AZ | 29 | — |
| NY | 29 | — |
| WA | 28 | — |
| TN | 27 | — |
| CO | 26 | — |
| MI | 25 | — |
| UT | 25 | 0 |
| MA | 21 | — |
| NJ | 21 | — |
| IN | 20 | — |
| MO | 20 | — |
| WI | 20 | — |
| AL | 19 | — |
| MD | 18 | — |
| OR | 17 | — |
| SC | 17 | — |
| MN | 16 | — |
| KY | 15 | — |
| LA | 15 | — |
| OK | 14 | — |
| ID | 11 | — |
| NV | 11 | — |
| AR | 10 | — |
| CT | 10 | — |
| IA | 9 | — |
| KS | 9 | — |
| MS | 8 | — |
| NH | 7 | — |
| WV | 6 | — |
| MT | 5 | — |
| NE | 5 | — |
| ND | 4 | — |
| NM | 4 | — |
| DE | 3 | — |
| HI | 3 | — |
| PR | 3 | — |
| RI | 3 | — |
| SD | 3 | — |
| AK | 2 | — |
| WY | 2 | — |
| ME | 1 | — |
| VT | 1 | — |
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