FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2023–2025

Mobiledumps Item 20: outlets, exits & growth

In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), Mobiledumps reported 26 franchised outlets at year end. 6 of 29 franchised outlets open at the start of the year left the system (exit rate 20.7%, fiscal 2025), while 2 new outlets opened. Systemwide units moved +4.0% over 2023–2025.

Item 20 · outlet status by yearas filed
Status (FTC)202320242025
Outlets at start82529
Opened1762
Transfers031
Terminations000
Non-renewals000
Reacquired by franchisor000
Ceased — other reasons026
Outlets at end252926
Net change+17+4-3
How the exit count is computedfiscal 2025

0 terminations + 0 non-renewals + 6 ceased (other) = 6 exits ÷ 29 at start = 20.7%

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 (1) 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.

Franchised outlets by state · fiscal 202518 states/territories
StateFranchisedCompany-owned
FL4—
TX3—
VA3—
CA2—
NC2—
PA2—
AR1—
AZ1—
IL1—
MA1—
MD1—
NY1—
OH1—
OK1—
WA1—
WI1—
GA0—
NV0—

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