FDD ITEM 20 · FISCAL 2021–2025
PRECISION TUNE FRANCHISE AGREEMENT Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), PRECISION TUNE FRANCHISE AGREEMENT reported 204 franchised outlets at year end. 6 of 209 franchised outlets open at the start of the year left the system — an annualized exit rate of 2.9%— while 1 new outlets opened. Systemwide units moved -4.7% over 2021–2025.
| Status (FTC) | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Outlets at start | 233 | 237 | 234 | 224 | 231 |
| Opened | 4 | 6 | 0 | 8 | 1 |
| Transfers | 6 | 1 | 3 | 5 | 2 |
| Terminations | 0 | 0 | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 | 0 | 3 |
| Reacquired by franchisor | 0 | 2 | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 3 | 1 | 0 | 3 |
| Outlets at end | 235 | 234 | 224 | 231 | 224 |
| Net change | +2 | -3 | -10 | +7 | -7 |
0 terminations + 3 non-renewals + 3 ceased (other) = 6 exits ÷ 209 at start = 2.9%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (2) 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 |
|---|---|---|
| GA | 35 | — |
| NC | 35 | — |
| SC | 20 | — |
| TX | 17 | — |
| MD | 15 | 1 |
| AL | 12 | — |
| FL | 11 | — |
| OK | 9 | — |
| MN | 8 | 3 |
| TN | 7 | 1 |
| CA | 5 | — |
| LA | 5 | — |
| VA | 4 | 7 |
| WA | 4 | 2 |
| MS | 3 | — |
| AR | 2 | 1 |
| MI | 2 | 1 |
| KS | 1 | — |
| MO | 1 | 0 |
| NV | 1 | — |
| PA | 1 | — |
| AZ | 0 | 1 |
| NM | 0 | 1 |
| OH | 0 | 3 |
The PRECISION TUNE FRANCHISE AGREEMENT validation checklist
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