FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2023–2025

MASSAGE ENVY Item 20: outlets, closures & growth

In its latest FDD Item 20 (fiscal 2025), MASSAGE ENVY reported 993 franchised outlets at year end. 19 of 1,009 franchised outlets open at the start of the year left the system — an annualized exit rate of 1.9%— while 3 new outlets opened. Systemwide units moved -5.7% over 2023–2025.

Item 20 · outlet status by yearas filed
Status (FTC)202320242025
Outlets at start1,0831,0531,009
Opened1013
Transfers208861
Terminations3164
Non-renewals125
Reacquired by franchisor000
Ceased — other reasons362710
Outlets at end1,0531,009993
Net change-30-44-16
How the exit count is computedfiscal 2025

4 terminations + 5 non-renewals + 10 ceased (other) = 19 exits ÷ 1,009 at start = 1.9%

These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (61) 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 202550 states/territories
StateFranchisedCompany-owned
CA1260
FL1110
TX990
IL450
NC420
AZ390
NJ380
VA370
GA300
OH300
NY280
CO230
MD230
PA230
TN230
IN200
WA180
MA170
MN170
SC170
NV160
MO150
UT140
AL130
CT130
LA130
WI110
KS90
MI80
NM80
KY70
MS60
NE60
HI50
ID50
OR50
RI50
DE40
IA40
OK40
AK20
AR20
MT20
NH20
SD20
WV20
DC10
ME10
ND10
VT10
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