FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2020–2022

Pet Suplies Plus Item 20: outlets, closures & growth

In its latest FDD Item 20 (fiscal 2022), Pet Suplies Plus reported 429 franchised outlets at year end. 4 of 374 franchised outlets open at the start of the year left the system — an annualized exit rate of 1.1%— while 61 new outlets opened. Systemwide units moved +27.4% over 2020–2022.

Item 20 · outlet status by yearas filed
Status (FTC)202020212022
Outlets at start479519602
Opened417661
Transfers2512
Terminations010
Non-renewals000
Reacquired by franchisor012
Ceased — other reasons024
Outlets at end519603661
Net change+40+84+59
How the exit count is computedfiscal 2022

0 terminations + 0 non-renewals + 4 ceased (other) = 4 exits ÷ 374 at start = 1.1%

These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (12) are resales, not exits; reacquisitions by the franchisor (2) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.

The Pet Suplies Plus validation checklist

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