FDD ITEM 20 · FISCAL 2015–2017
LearningRx Training Camp Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2017, from the 2018 FDD · 7+ years old), 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 (exit rate 8.0%, fiscal 2017), while 1 new outlets opened. Systemwide units moved -10.1% over 2015–2017.
| Status (FTC) | 2015 | 2016 | 2017 |
|---|---|---|---|
| Outlets at start | 85 | 79 | 76 |
| Opened | 13 | 5 | 1 |
| Transfers | 5 | 9 | 8 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 0 | 2 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 18 | 5 | 6 |
| Outlets at end | 79 | 76 | 71 |
| Net change | -6 | -3 | -5 |
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 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 (8) 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 |
|---|---|---|
| TX | 16 | — |
| MN | 8 | — |
| VA | 7 | — |
| CO | 4 | 1 |
| NJ | 4 | — |
| TN | 4 | — |
| WI | 4 | — |
| CA | 3 | — |
| FL | 2 | — |
| GA | 2 | — |
| IA | 2 | — |
| NC | 2 | — |
| OH | 2 | — |
| AZ | 1 | — |
| HI | 1 | — |
| ID | 1 | — |
| IL | 1 | — |
| IN | 1 | — |
| KS | 1 | — |
| KY | 1 | — |
| LA | 1 | — |
| MD | 1 | — |
| NM | 1 | — |
| AL | 0 | — |
| AR | 0 | — |
| MT | 0 | — |
| NE | 0 | — |
| NY | 0 | — |
| OK | 0 | — |
| PA | 0 | — |
| SC | 0 | — |
| WA | 0 | — |
The LearningRx Training Camp validation checklist
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