FDD ITEM 20 · FISCAL 2021–2023
MIGHTY DOG ROOFING Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2023, from the 2024 FDD · 1+ year old), MIGHTY DOG ROOFING reported 103 franchised outlets at year end. 5 of 64 franchised outlets open at the start of the year left the system (exit rate 7.8%, fiscal 2023), while 44 new outlets opened. Systemwide units moved +296.2% over 2021–2023.
| Status (FTC) | 2021 | 2022 | 2023 |
|---|---|---|---|
| Outlets at start | 2 | 26 | 65 |
| Opened | 25 | 39 | 44 |
| Transfers | 0 | 2 | 7 |
| Terminations | 0 | 0 | 5 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 1 | 0 |
| Ceased — other reasons | 0 | 0 | 0 |
| Outlets at end | 26 | 65 | 103 |
| Net change | +24 | +39 | +38 |
5 terminations + 0 non-renewals + 0 ceased (other) = 5 exits ÷ 64 at start = 7.8%
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 (7) 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.
The MIGHTY DOG ROOFING validation checklist
questions built from this brand's own filings · read them all on the profile
Want this as a checklist you can take to the calls?
I'll email you the printable version, and tell you if MIGHTY DOG ROOFING’s numbers move — a new filing, a rising exit rate, a distress signal. Unsubscribe in one click.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing MIGHTY DOG ROOFING’s numbers, including talking you out of a bad deal.