FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2023–2025

SPRING-GREEN Item 20: outlets, closures & growth

In its latest FDD Item 20 (fiscal 2025), SPRING-GREEN reported 126 franchised outlets at year end. 1 of 126 franchised outlets open at the start of the year left the system — an annualized exit rate of 0.8%— while 1 new outlets opened. Systemwide units moved +2.6% over 2023–2025.

Item 20 · outlet status by yearas filed
Status (FTC)202320242025
Outlets at start154152156
Opened241
Transfers256
Terminations200
Non-renewals201
Reacquired by franchisor220
Ceased — other reasons000
Outlets at end152156156
Net change-2+40
How the exit count is computedfiscal 2025

0 terminations + 1 non-renewals + 0 ceased (other) = 1 exits ÷ 126 at start = 0.8%

These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (6) 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.

Franchised outlets by state · fiscal 202525 states/territories
StateFranchisedCompany-owned
NC14
IL1220
IN12
MN10
SC10
VA9
PA6
WA6
WI610
MO5
OK5
IA4
NJ4
OH4
AL3
TN3
TX3
AR2
GA2
MI2
DE1
ID1
KS1
KY1
LA0
Before you sign anythingfree · 30 min · no commission

A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing SPRING-GREEN's numbers, including talking you out of a bad deal.

Talk to an independent CPA before you buy →