FDD ITEM 20 · FISCAL 2017–2019
ProLift Garage Doors Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2019, from the 2020 FDD · 5+ years old), ProLift Garage Doors reported 16 franchised outlets at year end. 9 of 16 franchised outlets open at the start of the year left the system (exit rate 56.3%, fiscal 2019), while 9 new outlets opened. Systemwide units moved 12 → 16 units over 2017–2019.
| Status (FTC) | 2017 | 2018 | 2019 |
|---|---|---|---|
| Outlets at start | 5 | 12 | 16 |
| Opened | 10 | 10 | 9 |
| Transfers | 0 | 0 | 0 |
| Terminations | 0 | 0 | 1 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 2 | 4 | 8 |
| Outlets at end | 12 | 16 | 16 |
| Net change | +7 | +4 | 0 |
1 terminations + 0 non-renewals + 8 ceased (other) = 9 exits ÷ 16 at start = 56.3%
These are the three FTC Item 20 statuses in which a franchised outlet left the system — including voluntary non-renewals and outlets that ceased for other reasons, which can include sales or absorption into another franchise. Transfers (0) are resales, not exits; reacquisitions by the franchisor (0) are tracked separately. There is no official “failure rate”, and not every exit is a closure or a failure; Item 20 does not say why any outlet left. On a small starting base, a single exit moves this rate sharply.
| State | Franchised | Company-owned |
|---|---|---|
| CO | 2 | 0 |
| GA | 2 | 0 |
| MN | 2 | — |
| NC | 2 | — |
| TX | 2 | — |
| CA | 1 | — |
| MI | 1 | — |
| MO | 1 | — |
| OR | 1 | — |
| SD | 1 | — |
| TN | 1 | — |
| WI | 1 | — |
| FL | 0 | — |
| NJ | 0 | — |
| NV | 0 | — |
| PA | 0 | — |
| WA | 0 | — |
The ProLift Garage Doors validation checklist
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