FDD ITEM 20 · FISCAL 2016–2025
SHINE WINDOW CARE AND HOLIDAY LIGHTING Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), SHINE WINDOW CARE AND HOLIDAY LIGHTING reported 75 franchised outlets at year end. 2 of 74 franchised outlets open at the start of the year left the system (exit rate 2.7%, fiscal 2025), while 3 new outlets opened. Systemwide units moved +33.9% over 2023–2025.
| Status (FTC) | 2016 | 2017 | 2018 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Outlets at start | 14 | 18 | 23 | 50 | 56 | 74 |
| Opened | 4 | 5 | 6 | 7 | 20 | 3 |
| Transfers | 2 | 0 | 1 | 0 | 5 | 9 |
| Terminations | 0 | 0 | 0 | 1 | 1 | 0 |
| Non-renewals | 0 | 0 | 0 | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 0 | 0 | 0 | 2 |
| Outlets at end | 18 | 23 | 29 | 56 | 74 | 75 |
| Net change | +4 | +5 | +6 | +6 | +18 | +1 |
0 terminations + 0 non-renewals + 2 ceased (other) = 2 exits ÷ 74 at start = 2.7%
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 (9) 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 | 13 | 0 |
| FL | 10 | 0 |
| MI | 10 | 0 |
| CO | 5 | 0 |
| VA | 5 | 0 |
| TN | 4 | 0 |
| IN | 3 | 0 |
| NY | 3 | 0 |
| SC | 3 | 0 |
| AZ | 2 | 0 |
| NC | 2 | 0 |
| OH | 2 | 0 |
| PA | 2 | 0 |
| IL | 1 | 0 |
| MD | 1 | 0 |
| MN | 1 | 0 |
| NV | 1 | 0 |
| OK | 1 | 0 |
| NE | 0 | 0 |
The SHINE WINDOW CARE AND HOLIDAY LIGHTING validation checklist
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