FDD ITEM 20 · FISCAL 2023–2025
The Picklr Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), The Picklr reported 56 franchised outlets at year end. 0 of 22 franchised outlets open at the start of the year left the system — an annualized exit rate of 0.0%— while 35 new outlets opened. Systemwide units moved +883.3% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 6 | 6 | 24 |
| Opened | 0 | 22 | 35 |
| Transfers | 0 | 0 | 5 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 1 |
| Ceased — other reasons | 0 | 0 | 0 |
| Outlets at end | 6 | 24 | 59 |
| Net change | 0 | +18 | +35 |
0 terminations + 0 non-renewals + 0 ceased (other) = 0 exits ÷ 22 at start = 0.0%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (5) are resales, not exits; reacquisitions by the franchisor (1) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
| State | Franchised | Company-owned |
|---|---|---|
| TX | 8 | — |
| UT | 7 | 2 |
| IL | 6 | — |
| AZ | 5 | — |
| CO | 5 | 0 |
| MA | 3 | — |
| AL | 2 | — |
| IN | 2 | — |
| NJ | 2 | — |
| PA | 2 | — |
| VA | 2 | — |
| WI | 2 | — |
| CA | 1 | — |
| DE | 1 | — |
| FL | 1 | — |
| GA | 1 | — |
| ME | 1 | — |
| MS | 1 | — |
| MT | 1 | — |
| NV | 1 | — |
| NY | 1 | — |
| WY | 1 | — |
| MN | 0 | 1 |
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