FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2015–2017

LearningRx Training Camp Item 20: outlets, closures & growth

In its latest FDD Item 20 (fiscal 2017), LearningRx Training Camp reported 70 franchised outlets at year end. 6 of 75 franchised outlets open at the start of the year left the system — an annualized exit rate of 8.0%— while 1 new outlets opened. Systemwide units moved -10.1% over 2015–2017.

Item 20 · outlet status by yearas filed
Status (FTC)201520162017
Outlets at start857976
Opened1351
Transfers598
Terminations000
Non-renewals020
Reacquired by franchisor000
Ceased — other reasons1856
Outlets at end797671
Net change-6-3-5
How the exit count is computedfiscal 2017

0 terminations + 0 non-renewals + 6 ceased (other) = 6 exits ÷ 75 at start = 8.0%

These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (8) are resales, not exits; reacquisitions by the franchisor (0) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.

Franchised outlets by state · fiscal 201732 states/territories
StateFranchisedCompany-owned
TX16
MN8
VA7
CO41
NJ4
TN4
WI4
CA3
FL2
GA2
IA2
NC2
OH2
AZ1
HI1
ID1
IL1
IN1
KS1
KY1
LA1
MD1
NM1
AL0
AR0
MT0
NE0
NY0
OK0
PA0
SC0
WA0
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