FDD ITEM 20 · FISCAL 2023–2025
Wag N Wash Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), Wag N Wash reported 14 franchised outlets at year end. 1 of 23 franchised outlets open at the start of the year left the system — an annualized exit rate of 4.3%— while 0 new outlets opened. Systemwide units moved +8.3% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 14 | 24 | 29 |
| Opened | 4 | 5 | 0 |
| Transfers | 0 | 1 | 1 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 8 |
| Ceased — other reasons | 0 | 0 | 1 |
| Outlets at end | 24 | 29 | 26 |
| Net change | +10 | +5 | -3 |
0 terminations + 0 non-renewals + 1 ceased (other) = 1 exits ÷ 23 at start = 4.3%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (1) are resales, not exits; reacquisitions by the franchisor (8) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
| State | Franchised | Company-owned |
|---|---|---|
| CO | 5 | 5 |
| MN | 2 | — |
| MD | 1 | 1 |
| MI | 1 | 1 |
| MO | 1 | — |
| NE | 1 | — |
| SC | 1 | — |
| TX | 1 | — |
| VA | 1 | 1 |
| WA | 1 | — |
| MA | 0 | 3 |
| ME | 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 Wag N Wash's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →