FDD ITEM 20 · FISCAL 2023–2025
Villa Pizza Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), Villa Pizza reported 41 franchised outlets at year end. 3 of 43 franchised outlets open at the start of the year left the system (exit rate 7.0%, fiscal 2025), while 1 new outlets opened. Systemwide units moved -17.5% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 83 | 80 | 71 |
| Opened | 5 | 2 | 1 |
| Transfers | 0 | 0 | 1 |
| Terminations | 1 | 0 | 1 |
| Non-renewals | 4 | 5 | 1 |
| Reacquired by franchisor | 3 | 1 | 0 |
| Ceased — other reasons | 0 | 0 | 1 |
| Outlets at end | 80 | 71 | 66 |
| Net change | -3 | -9 | -5 |
1 terminations + 1 non-renewals + 1 ceased (other) = 3 exits ÷ 43 at start = 7.0%
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 (1) 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 |
|---|---|---|
| FL | 10 | 2 |
| CO | 3 | — |
| NV | 3 | — |
| PA | 3 | 1 |
| CA | 2 | 4 |
| NY | 2 | 2 |
| WI | 2 | — |
| AZ | 1 | 0 |
| GA | 1 | 0 |
| IL | 1 | 0 |
| LA | 1 | — |
| MI | 1 | — |
| NJ | 1 | 1 |
| OH | 1 | — |
| TX | 1 | 8 |
| VA | 1 | 2 |
| MD | 0 | 1 |
| NC | 0 | 1 |
| NH | 0 | — |
| TN | 0 | — |
| WA | 0 | 3 |
The Villa Pizza validation checklist
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