FDD ITEM 20 · FISCAL 2023–2025
VICTORY LANE CENTERS Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), VICTORY LANE CENTERS reported 10 franchised outlets at year end. 1 of 12 franchised outlets open at the start of the year left the system — an annualized exit rate of 8.3%— while 2 new outlets opened. Systemwide units moved 0.0% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 36 | 35 | 34 |
| Opened | 0 | 0 | 2 |
| Transfers | 1 | 0 | 0 |
| Terminations | 0 | 1 | 0 |
| Non-renewals | 0 | 0 | 1 |
| Reacquired by franchisor | 2 | 1 | 3 |
| Ceased — other reasons | 0 | 0 | 0 |
| Outlets at end | 35 | 34 | 35 |
| Net change | -1 | -1 | +1 |
0 terminations + 1 non-renewals + 0 ceased (other) = 1 exits ÷ 12 at start = 8.3%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (0) are resales, not exits; reacquisitions by the franchisor (3) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
| State | Franchised | Company-owned |
|---|---|---|
| MI | 2 | 22 |
| MN | 2 | — |
| NC | 2 | — |
| AZ | 1 | 1 |
| ME | 1 | — |
| TX | 1 | — |
| VA | 1 | — |
| GA | 0 | — |
| KY | 0 | 1 |
| OH | 0 | 1 |
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing VICTORY LANE CENTERS's numbers, including talking you out of a bad deal.
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