FDD ITEM 20 · FISCAL 2021–2025
Peet's Coffee Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), Peet's Coffee reported 0 franchised outlets at year end. 0 of 0 franchised outlets open at the start of the year left the system— while 0 new outlets opened. Systemwide units moved -9.7% over 2021–2025.
| Status (FTC) | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Outlets at start | 224 | 217 | 203 | 202 | 199 |
| Opened | 0 | 0 | 0 | 0 | 0 |
| Transfers | 0 | 0 | 0 | 0 | 0 |
| Terminations | 0 | 0 | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 0 | 0 | 0 |
| Outlets at end | 217 | 203 | 202 | 199 | 196 |
| Net change | -7 | -14 | -1 | -3 | -3 |
0 terminations + 0 non-renewals + 0 ceased (other) = 0 exits
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (0) 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 |
|---|---|---|
| CA | 0 | 166 |
| CO | 0 | 0 |
| DC | 0 | 4 |
| IL | 0 | 9 |
| MA | 0 | 2 |
| MD | 0 | 0 |
| OR | 0 | 5 |
| VA | 0 | 8 |
| WA | 0 | 2 |
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Peet's Coffee's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →