FDD ITEM 20 · FISCAL 2020–2022
Wayback Burgers Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2022, from the 2023 FDD · 2+ years old), Wayback Burgers reported 158 franchised outlets at year end. 13 of 146 franchised outlets open at the start of the year left the system (exit rate 8.9%, fiscal 2022), while 25 new outlets opened. Systemwide units moved +8.8% over 2020–2022.
| Status (FTC) | 2020 | 2021 | 2022 |
|---|---|---|---|
| Outlets at start | 147 | 147 | 149 |
| Opened | 8 | 19 | 25 |
| Transfers | 8 | 8 | 9 |
| Terminations | 6 | 14 | 11 |
| Non-renewals | 0 | 0 | 1 |
| Reacquired by franchisor | 1 | 1 | 0 |
| Ceased — other reasons | 2 | 0 | 1 |
| Outlets at end | 147 | 149 | 160 |
| Net change | 0 | +2 | +11 |
11 terminations + 1 non-renewals + 1 ceased (other) = 13 exits ÷ 146 at start = 8.9%
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 (9) 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.
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