FDD ITEM 20 · FISCAL 2023–2025
PALM BEACH BEAUTY & TAN Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), PALM BEACH BEAUTY & TAN reported 324 franchised outlets at year end. 9 of 397 franchised outlets open at the start of the year left the system — an annualized exit rate of 2.3%— while 2 new outlets opened. Systemwide units moved -3.2% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 600 | 655 | 650 |
| Opened | 62 | 7 | 2 |
| Transfers | 1 | 6 | 8 |
| Terminations | 10 | 8 | 8 |
| Non-renewals | 1 | 0 | 1 |
| Reacquired by franchisor | 0 | 0 | 66 |
| Ceased — other reasons | 1 | 0 | 0 |
| Outlets at end | 655 | 650 | 634 |
| Net change | +55 | -5 | -16 |
8 terminations + 1 non-renewals + 0 ceased (other) = 9 exits ÷ 397 at start = 2.3%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (8) are resales, not exits; reacquisitions by the franchisor (66) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
| State | Franchised | Company-owned |
|---|---|---|
| TX | 35 | 70 |
| AL | 34 | — |
| CA | 32 | — |
| SC | 27 | 22 |
| MO | 23 | — |
| NC | 21 | 12 |
| IN | 19 | 1 |
| OK | 16 | — |
| OR | 14 | — |
| MN | 12 | — |
| OH | 12 | 43 |
| UT | 12 | — |
| MS | 11 | 2 |
| NE | 9 | — |
| GA | 8 | 25 |
| LA | 8 | — |
| ID | 7 | — |
| WA | 7 | — |
| PA | 6 | — |
| KS | 4 | — |
| IL | 3 | 10 |
| ND | 3 | — |
| IA | 2 | — |
| AR | 0 | 15 |
| AZ | 0 | 9 |
| CO | 0 | 25 |
| CT | 0 | 5 |
| DC | 0 | 1 |
| FL | 0 | 7 |
| KY | 0 | 6 |
| MA | 0 | 1 |
| MD | 0 | 20 |
| NV | 0 | 5 |
| TN | 0 | 6 |
| VA | 0 | 25 |
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