FDD ITEM 20 · FISCAL 2023–2025
OASIS SENIOR ADVISORS Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), OASIS SENIOR ADVISORS reported 137 franchised outlets at year end. 5 of 115 franchised outlets open at the start of the year left the system (exit rate 4.3%, fiscal 2025), while 27 new outlets opened. Systemwide units moved +28.1% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 114 | 128 | 141 |
| Opened | 15 | 18 | 27 |
| Transfers | 4 | 4 | 1 |
| Terminations | 0 | 1 | 2 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 14 | 5 | 0 |
| Ceased — other reasons | 6 | 5 | 3 |
| Outlets at end | 128 | 141 | 164 |
| Net change | +14 | +13 | +23 |
2 terminations + 0 non-renewals + 3 ceased (other) = 5 exits ÷ 115 at start = 4.3%
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.
| State | Franchised | Company-owned |
|---|---|---|
| FL | 13 | 2 |
| PA | 12 | 1 |
| OH | 9 | 3 |
| CA | 8 | — |
| MD | 8 | — |
| MI | 8 | — |
| TX | 8 | — |
| AZ | 6 | — |
| CO | 6 | — |
| NY | 6 | 0 |
| GA | 5 | — |
| IL | 5 | — |
| MA | 5 | 1 |
| NJ | 5 | — |
| VA | 5 | 0 |
| IN | 4 | — |
| CT | 3 | — |
| SC | 3 | 0 |
| TN | 3 | 2 |
| MO | 2 | — |
| NC | 2 | 0 |
| UT | 2 | — |
| WI | 2 | 4 |
| DE | 1 | — |
| ID | 1 | 1 |
| KS | 1 | — |
| KY | 1 | — |
| MN | 1 | 3 |
| NE | 1 | 1 |
| RI | 1 | — |
| AL | 0 | — |
| ME | 0 | 1 |
| NH | 0 | 1 |
| OR | 0 | 3 |
| WA | 0 | 5 |
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