FDD ITEM 20 · FISCAL 2023–2025
Game Show Studio Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), Game Show Studio reported 8 franchised outlets at year end, and 8 new outlets opened during the year. Systemwide units moved 2 → 9 units over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 0 | 2 | 2 |
| Opened | 0 | 0 | 8 |
| Transfers | 0 | 0 | 0 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 0 |
| Outlets at end | 2 | 2 | 9 |
| Net change | +2 | 0 | +7 |
0 terminations + 0 non-renewals + 0 ceased (other) = 0 exits
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.
| State | Franchised | Company-owned |
|---|---|---|
| CA | 3 | — |
| MN | 2 | 0 |
| GA | 1 | — |
| MO | 1 | — |
| TX | 1 | 1 |
The Game Show Studio validation checklist
questions built from this brand's own filings · read them all on the profile
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