FDD ITEM 20 · FISCAL 2023–2025
D-Bat Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), D-Bat reported 199 franchised outlets at year end. 2 of 170 franchised outlets open at the start of the year left the system — an annualized exit rate of 1.2%— while 31 new outlets opened. Systemwide units moved +30.1% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 128 | 153 | 170 |
| Opened | 28 | 21 | 31 |
| Transfers | 4 | 4 | 7 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 1 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 2 | 4 | 2 |
| Outlets at end | 153 | 170 | 199 |
| Net change | +25 | +17 | +29 |
0 terminations + 0 non-renewals + 2 ceased (other) = 2 exits ÷ 170 at start = 1.2%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (7) 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 | 53 | 0 |
| GA | 11 | — |
| FL | 9 | — |
| CA | 8 | — |
| LA | 8 | — |
| NC | 8 | — |
| AL | 7 | — |
| AZ | 6 | — |
| CO | 5 | — |
| IL | 5 | — |
| IN | 5 | — |
| OH | 5 | — |
| WA | 5 | — |
| AR | 4 | — |
| MN | 4 | — |
| MO | 4 | — |
| OK | 4 | — |
| PA | 4 | — |
| TN | 4 | — |
| CT | 3 | — |
| KS | 3 | — |
| KY | 3 | — |
| MI | 3 | — |
| MS | 3 | — |
| UT | 3 | — |
| WI | 3 | — |
| IA | 2 | — |
| MA | 2 | — |
| MT | 2 | — |
| SC | 2 | — |
| VA | 2 | — |
| DE | 1 | — |
| ID | 1 | — |
| MD | 1 | — |
| NE | 1 | — |
| NJ | 1 | — |
| NV | 1 | — |
| NY | 1 | — |
| OR | 1 | — |
| SD | 1 | — |
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