FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2020–2021

PacLease Item 20: outlets, exits & growth

In its latest FDD Item 20 (fiscal 2021, from the 2026 FDD), PacLease reported 374 franchised outlets at year end. 0 of 366 franchised outlets open at the start of the year left the system (exit rate 0.0%, fiscal 2021), while 36 new outlets opened. Systemwide units moved +0.8% over 2020–2021.

Item 20 · outlet status by yearas filed
Status (FTC)20202021
Outlets at start0373
Opened036
Transfers515
Terminations00
Non-renewals00
Reacquired by franchisor00
Ceased — other reasons00
Outlets at end373376
Net change+373+3
How the exit count is computedfiscal 2021

0 terminations + 0 non-renewals + 0 ceased (other) = 0 exits ÷ 366 at start = 0.0%

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 (15) 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 202192 states/territories
StateFranchisedCompany-owned
TX292
TX292
CA26—
CA26—
IN18—
IN18—
PA180
PA18—
WA18—
WA18—
WI18—
WI18—
IA16—
IA16—
IL14—
IL14—
OR14—
OR14—
ID13—
ID13—
NJ12—
NJ12—
OH12—
OH12—
FL10—
FL10—
MN10—
MN10—
UT9—
UT9—
KY8—
KY8—
LA7—
LA7—
MI70
MI7—
MO7—
MO7—
NC7—
NC7—
NY7—
NY7—
AL6—
AL6—
CO6—
CO6—
GA6—
GA6—
KS6—
KS6—
VA6—
VA6—
AZ5—
AZ5—
NE5—
NE5—
SC5—
SC5—
TN5—
TN5—
WV5—
WV5—
AK4—
AK4—
AR4—
AR4—
MT4—
MT4—
NV4—
NV4—
OK4—
OK4—
CT30
CT3—
MD30
MD3—
NM3—
NM3—
SD2—
SD2—
VT2—
VT2—
DE1—
DE1—
MA1—
MA1—
MS1—
MS1—
ND1—
ND1—
WY1—
WY1—

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