FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2021–2023

Federal Injury Centers Item 20: outlets, exits & growth

In its latest FDD Item 20 (fiscal 2023, from the 2023 FDD · 2+ years old), Federal Injury Centers reported 56 franchised outlets at year end. 6 of 48 franchised outlets open at the start of the year left the system (exit rate 12.5%, fiscal 2023), while 14 new outlets opened. Systemwide units moved +75.0% over 2021–2023.

Item 20 · outlet status by yearas filed
Status (FTC)202120222023
Outlets at start43249
Opened292014
Transfers000
Terminations036
Non-renewals000
Reacquired by franchisor000
Ceased — other reasons000
Outlets at end324956
Net change+28+17+7
How the exit count is computedfiscal 2023

6 terminations + 0 non-renewals + 0 ceased (other) = 6 exits ÷ 48 at start = 12.5%

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 (0) 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.

The Federal Injury Centers validation checklist

questions built from this brand's own filings · read them all on the profile

Want this as a checklist you can take to the calls?

I'll email you the printable version, and tell you if Federal Injury Centers’ numbers move — a new filing, a rising exit rate, a distress signal. Unsubscribe in one click.

Before you sign anythingfree · 30 min · no commission

A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing Federal Injury Centers’ numbers, including talking you out of a bad deal.

Don Drummond, CPA — Virginia #43775 · what I charge

Book a free 30-minute call →