FDD ITEM 20 · FISCAL 2023–2025
TECHY Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), TECHY reported 151 franchised outlets at year end. 6 of 93 franchised outlets open at the start of the year left the system — an annualized exit rate of 6.5%— while 64 new outlets opened. Systemwide units moved +121.4% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 56 | 70 | 96 |
| Opened | 37 | 48 | 64 |
| Transfers | 2 | 0 | 9 |
| Terminations | 9 | 9 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 1 | 0 | 0 |
| Ceased — other reasons | 10 | 9 | 6 |
| Outlets at end | 70 | 96 | 155 |
| Net change | +14 | +26 | +59 |
0 terminations + 0 non-renewals + 6 ceased (other) = 6 exits ÷ 93 at start = 6.5%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (9) 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.
| State | Franchised | Company-owned |
|---|---|---|
| FL | 48 | 1 |
| TX | 39 | 3 |
| GA | 19 | — |
| NC | 8 | — |
| VA | 7 | — |
| CA | 4 | — |
| IN | 3 | — |
| PA | 3 | — |
| CO | 2 | — |
| NM | 2 | — |
| OH | 2 | — |
| OK | 2 | — |
| SC | 2 | — |
| AL | 1 | — |
| AZ | 1 | — |
| DE | 1 | — |
| IL | 1 | — |
| MD | 1 | — |
| ME | 1 | — |
| MN | 1 | — |
| MS | 1 | — |
| UT | 1 | — |
| WV | 1 | — |
| TN | 0 | — |
| WI | 0 | — |
The TECHY validation checklist
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