FDD ITEM 20 · FISCAL 2021–2025
RestoPros Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), RestoPros reported 124 franchised outlets at year end. 8 of 91 franchised outlets open at the start of the year left the system (exit rate 8.8%, fiscal 2025), while 41 new outlets opened. Systemwide units moved 4 → 126 units over 2021–2025.
| Status (FTC) | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Outlets at start | 2 | 4 | 16 | 47 | 93 |
| Opened | 1 | 13 | 33 | 54 | 41 |
| Transfers | 0 | 1 | 1 | 3 | 7 |
| Terminations | 0 | 0 | 3 | 5 | 4 |
| Non-renewals | 0 | 0 | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 1 | 3 | 4 |
| Outlets at end | 4 | 16 | 47 | 93 | 126 |
| Net change | +2 | +12 | +31 | +46 | +33 |
4 terminations + 0 non-renewals + 4 ceased (other) = 8 exits ÷ 91 at start = 8.8%
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 (7) 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 |
|---|---|---|
| TX | 14 | — |
| FL | 8 | — |
| OH | 8 | — |
| NC | 7 | — |
| GA | 6 | — |
| PA | 6 | — |
| IL | 5 | — |
| MA | 5 | — |
| MI | 5 | — |
| CO | 4 | — |
| IN | 4 | — |
| NJ | 4 | — |
| NY | 4 | — |
| CT | 3 | — |
| MD | 3 | — |
| MN | 3 | — |
| SC | 3 | 2 |
| TN | 3 | — |
| AL | 2 | — |
| AR | 2 | — |
| KY | 2 | — |
| ME | 2 | — |
| MO | 2 | — |
| NV | 2 | — |
| OK | 2 | — |
| RI | 2 | — |
| AZ | 1 | — |
| DE | 1 | — |
| IA | 1 | — |
| ID | 1 | — |
| KS | 1 | — |
| LA | 1 | — |
| NE | 1 | — |
| NH | 1 | — |
| OR | 1 | — |
| UT | 1 | — |
| VA | 1 | — |
| VT | 1 | — |
| WI | 1 | — |
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