FDD ITEM 20 · FISCAL 2023–2025
PaintEZ Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), PaintEZ reported 54 franchised outlets at year end. 9 of 32 franchised outlets open at the start of the year left the system — an annualized exit rate of 28.1%— while 31 new outlets opened. Systemwide units moved +175.0% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 10 | 20 | 33 |
| Opened | 10 | 17 | 31 |
| Transfers | 1 | 6 | 3 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 4 | 9 |
| Outlets at end | 20 | 33 | 55 |
| Net change | +10 | +13 | +22 |
0 terminations + 0 non-renewals + 9 ceased (other) = 9 exits ÷ 32 at start = 28.1%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (3) 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.
| State | Franchised | Company-owned |
|---|---|---|
| FL | 9 | — |
| TX | 8 | 1 |
| NC | 5 | — |
| CO | 4 | — |
| OH | 3 | — |
| GA | 2 | — |
| MI | 2 | — |
| NJ | 2 | — |
| PA | 2 | — |
| SC | 2 | — |
| TN | 2 | — |
| UT | 2 | — |
| CT | 1 | — |
| IA | 1 | — |
| ID | 1 | — |
| KY | 1 | — |
| LA | 1 | — |
| MA | 1 | — |
| MN | 1 | — |
| NE | 1 | — |
| NV | 1 | — |
| NY | 1 | — |
| WI | 1 | — |
| AL | 0 | — |
| AZ | 0 | 0 |
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