FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2023–2025

INSTANT IMPRINTS Item 20: outlets, closures & growth

In its latest FDD Item 20 (fiscal 2025), INSTANT IMPRINTS reported 19 franchised outlets at year end. 2 of 21 franchised outlets open at the start of the year left the system — an annualized exit rate of 9.5%— while 0 new outlets opened. Systemwide units moved -14.8% over 2023–2025.

Item 20 · outlet status by yearas filed
Status (FTC)202320242025
Outlets at start262725
Opened210
Transfers020
Terminations020
Non-renewals101
Reacquired by franchisor011
Ceased — other reasons011
Outlets at end272523
Net change+1-2-2
How the exit count is computedfiscal 2025

0 terminations + 1 non-renewals + 1 ceased (other) = 2 exits ÷ 21 at start = 9.5%

These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (0) are resales, not exits; reacquisitions by the franchisor (1) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.

Franchised outlets by state · fiscal 202514 states/territories
StateFranchisedCompany-owned
GA31
NC3
PA3
TX2
AR1
CO11
DE1
FL1
ID1
NJ1
SC1
WA1
CA02
MO0
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