FDD ITEM 20 · FISCAL 2023–2025
Pickleball Kingdom Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), Pickleball Kingdom reported 21 franchised outlets at year end. 2 of 3 franchised outlets open at the start of the year left the system — an annualized exit rate of 66.7%— while 20 new outlets opened. Systemwide units moved +2100.0% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 1 | 1 | 4 |
| Opened | 0 | 3 | 20 |
| Transfers | 0 | 0 | 0 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 2 |
| Outlets at end | 1 | 4 | 22 |
| Net change | 0 | +3 | +18 |
0 terminations + 0 non-renewals + 2 ceased (other) = 2 exits ÷ 3 at start = 66.7%
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 |
|---|---|---|
| TN | 3 | — |
| NJ | 2 | — |
| OH | 2 | — |
| WA | 2 | — |
| WI | 2 | — |
| AR | 1 | — |
| CT | 1 | — |
| GA | 1 | — |
| IL | 1 | — |
| KY | 1 | — |
| MA | 1 | — |
| OR | 1 | — |
| PA | 1 | — |
| SC | 1 | — |
| TX | 1 | — |
| AZ | 0 | 1 |
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