FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2022–2025

KILWINS Item 20: outlets, exits & growth

In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), KILWINS reported 181 franchised outlets at year end. 4 of 168 franchised outlets open at the start of the year left the system (exit rate 2.4%, fiscal 2025), while 18 new outlets opened. Systemwide units moved +25.5% over 2022–2025.

Item 20 · outlet status by yearas filed
Status (FTC)2022202320242025
Outlets at start150149164172
Opened6151518
Transfers910410
Terminations3100
Non-renewals2000
Reacquired by franchisor0011
Ceased — other reasons2054
Outlets at end149164172187
Net change-1+15+8+15
How the exit count is computedfiscal 2025

0 terminations + 0 non-renewals + 4 ceased (other) = 4 exits ÷ 168 at start = 2.4%

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 (10) are resales, not exits; reacquisitions by the franchisor (1) 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.

Franchised outlets by state · fiscal 202530 states/territories
StateFranchisedCompany-owned
FL363
MI213
GA17—
NC17—
IL13—
TX11—
SC7—
VA7—
NY5—
PA5—
AL4—
CO4—
TN4—
IN3—
MO3—
NJ30
WI3—
AR2—
DC2—
LA2—
MA2—
MD2—
RI2—
DE1—
KY1—
MS1—
NH1—
OH10
OK1—
CT0—

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