FDD ITEM 20 · FISCAL 2021–2023
FiiZ Drinks Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2023), FiiZ Drinks reported 63 franchised outlets at year end. 1 of 48 franchised outlets open at the start of the year left the system — an annualized exit rate of 2.1%— while 21 new outlets opened. Systemwide units moved +68.3% over 2021–2023.
| Status (FTC) | 2021 | 2022 | 2023 |
|---|---|---|---|
| Outlets at start | 31 | 41 | 51 |
| Opened | 7 | 11 | 21 |
| Transfers | 0 | 6 | 11 |
| Terminations | 0 | 1 | 1 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 5 |
| Ceased — other reasons | 0 | 0 | 0 |
| Outlets at end | 41 | 51 | 69 |
| Net change | +10 | +10 | +18 |
1 terminations + 0 non-renewals + 0 ceased (other) = 1 exits ÷ 48 at start = 2.1%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (11) are resales, not exits; reacquisitions by the franchisor (5) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
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