FDD ITEM 20 · FISCAL 2020–2022
Splash and Dash Groomerie & Boutique Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2022), Splash and Dash Groomerie & Boutique reported 13 franchised outlets at year end. 1 of 14 franchised outlets open at the start of the year left the system — an annualized exit rate of 7.1%— while 0 new outlets opened. Systemwide units moved -7.1% over 2020–2022.
| Status (FTC) | 2020 | 2021 | 2022 |
|---|---|---|---|
| Outlets at start | 15 | 14 | 14 |
| Opened | 0 | 2 | 0 |
| Transfers | 0 | 1 | 1 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 1 | 1 | 1 |
| Outlets at end | 14 | 14 | 13 |
| Net change | -1 | 0 | -1 |
0 terminations + 0 non-renewals + 1 ceased (other) = 1 exits ÷ 14 at start = 7.1%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (1) 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 Splash and Dash Groomerie & Boutique validation checklist
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