FDD ITEM 20 · FISCAL 2014–2016
Sport Clips Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2016, from the 2017 FDD · 8+ years old), Sport Clips reported 1,552 franchised outlets at year end. 2 of 1,423 franchised outlets open at the start of the year left the system (exit rate 0.1%, fiscal 2016), while 131 new outlets opened. Systemwide units moved +21.5% over 2014–2016.
| Status (FTC) | 2014 | 2015 | 2016 |
|---|---|---|---|
| Outlets at start | 1,151 | 1,304 | 1,455 |
| Opened | 151 | 152 | 131 |
| Transfers | 42 | 83 | 77 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 1 | 0 | 0 |
| Ceased — other reasons | 1 | 1 | 2 |
| Outlets at end | 1,304 | 1,455 | 1,584 |
| Net change | +153 | +151 | +129 |
0 terminations + 0 non-renewals + 2 ceased (other) = 2 exits ÷ 1,423 at start = 0.1%
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 (77) 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 | 204 | 20 |
| CA | 135 | — |
| IL | 109 | — |
| FL | 76 | — |
| GA | 60 | — |
| NC | 59 | — |
| OH | 53 | — |
| CO | 52 | — |
| AZ | 48 | — |
| MN | 46 | — |
| TN | 46 | — |
| PA | 45 | — |
| MO | 44 | — |
| VA | 41 | — |
| IN | 40 | — |
| MD | 38 | — |
| WA | 38 | — |
| SC | 36 | — |
| NJ | 32 | — |
| WI | 32 | — |
| UT | 28 | — |
| AL | 26 | — |
| KS | 23 | — |
| OR | 20 | — |
| AR | 19 | — |
| IA | 18 | — |
| MI | 18 | — |
| OK | 18 | — |
| LA | 17 | — |
| KY | 16 | — |
| MA | 14 | — |
| NE | 14 | — |
| NY | 14 | — |
| CT | 10 | — |
| ID | 10 | — |
| MS | 9 | — |
| NM | 6 | — |
| MT | 5 | — |
| DE | 4 | — |
| ND | 4 | — |
| ME | 3 | — |
| NH | 3 | — |
| NV | 3 | 12 |
| RI | 3 | — |
| WV | 3 | — |
| WY | 3 | — |
| AK | 2 | — |
| HI | 2 | — |
| SD | 2 | — |
| VT | 1 | — |
The Sport Clips validation checklist
questions built from this brand's own filings · read them all on the profile
Want this as a checklist you can take to the calls?
I'll email you the printable version, and tell you if Sport Clips’ numbers move — a new filing, a rising exit rate, a distress signal. Unsubscribe in one click.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing Sport Clips’ numbers, including talking you out of a bad deal.