FDD ITEM 20 · FISCAL 2022–2025
MAI SUSHI BARS Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), MAI SUSHI BARS reported 168 franchised outlets at year end. 8 of 158 franchised outlets open at the start of the year left the system — an annualized exit rate of 5.1%— while 20 new outlets opened. Systemwide units moved +546.4% over 2022–2025.
| Status (FTC) | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Outlets at start | 46 | 286 | 315 | 349 |
| Opened | 15 | 43 | 80 | 20 |
| Transfers | 14 | 5 | 10 | 11 |
| Terminations | 0 | 3 | 1 | 2 |
| Non-renewals | 0 | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 | 2 |
| Ceased — other reasons | 5 | 5 | 12 | 6 |
| Outlets at end | 56 | 315 | 349 | 362 |
| Net change | +10 | +29 | +34 | +13 |
2 terminations + 0 non-renewals + 6 ceased (other) = 8 exits ÷ 158 at start = 5.1%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (11) are resales, not exits; reacquisitions by the franchisor (2) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
| State | Franchised | Company-owned |
|---|---|---|
| MN | 27 | — |
| FL | 18 | 14 |
| MI | 13 | 0 |
| IL | 12 | — |
| TX | 12 | 8 |
| IN | 7 | — |
| UT | 7 | 2 |
| AL | 6 | — |
| CA | 6 | 36 |
| OH | 6 | 9 |
| AR | 4 | 1 |
| NE | 4 | — |
| OK | 4 | — |
| VA | 4 | 11 |
| CO | 3 | 2 |
| IA | 3 | — |
| LA | 3 | — |
| PA | 3 | 10 |
| HI | 2 | — |
| KS | 2 | — |
| MD | 2 | 7 |
| ME | 2 | 1 |
| MS | 2 | — |
| NJ | 2 | 7 |
| NV | 2 | 1 |
| GA | 1 | 11 |
| KY | 1 | 1 |
| MA | 1 | 14 |
| MO | 1 | — |
| MT | 1 | — |
| ND | 1 | — |
| NM | 1 | — |
| RI | 1 | 2 |
| SC | 1 | 3 |
| WI | 1 | — |
| WV | 1 | — |
| WY | 1 | 0 |
| CT | 0 | 10 |
| DC | 0 | 2 |
| NC | 0 | 16 |
| NH | 0 | 2 |
| NY | 0 | 16 |
| TN | 0 | 8 |
| WA | 0 | — |
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