FDD ITEM 20 · FISCAL 2021–2023
ProColor Collision Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2023), ProColor Collision reported 19 franchised outlets at year end. 1 of 10 franchised outlets open at the start of the year left the system — an annualized exit rate of 10.0%— while 10 new outlets opened. Systemwide units moved +216.7% over 2021–2023.
| Status (FTC) | 2021 | 2022 | 2023 |
|---|---|---|---|
| Outlets at start | 0 | 6 | 10 |
| Opened | 7 | 7 | 10 |
| Transfers | 0 | 0 | 0 |
| Terminations | 1 | 3 | 1 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 0 |
| Outlets at end | 6 | 10 | 19 |
| Net change | +6 | +4 | +9 |
1 terminations + 0 non-renewals + 0 ceased (other) = 1 exits ÷ 10 at start = 10.0%
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.
The ProColor Collision validation checklist
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