FRANCHISE·WATCH·DESK

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.

Item 20 · outlet status by yearas filed
Status (FTC)202020212022
Outlets at start147147149
Opened81925
Transfers889
Terminations61411
Non-renewals001
Reacquired by franchisor110
Ceased — other reasons201
Outlets at end147149160
Net change0+2+11
How the exit count is computedfiscal 2022

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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