FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2023–2025

WILD BIRDS UNLIMITED Item 20: outlets, exits & growth

In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), WILD BIRDS UNLIMITED reported 344 franchised outlets at year end. 1 of 340 franchised outlets open at the start of the year left the system (exit rate 0.3%, fiscal 2025), while 5 new outlets opened. Systemwide units moved +1.5% over 2023–2025.

Item 20 · outlet status by yearas filed
Status (FTC)202320242025
Outlets at start333340341
Opened875
Transfers21158
Terminations161
Non-renewals000
Reacquired by franchisor010
Ceased — other reasons000
Outlets at end340341345
Net change+7+1+4
How the exit count is computedfiscal 2025

1 terminations + 0 non-renewals + 0 ceased (other) = 1 exits ÷ 340 at start = 0.3%

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 (8) 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.

Franchised outlets by state · fiscal 202544 states/territories
StateFranchisedCompany-owned
TX290
NC230
OH180
CA160
WA160
GA150
PA150
SC150
MI140
VA140
FL120
IL120
NY120
IN111
TN100
CO90
WI90
CT70
MA70
MD70
AL60
MO60
NJ60
OR60
KS50
AZ40
IA40
MN40
NM40
AR30
ID30
KY30
NH30
NV30
MS20
MT20
OK20
DE10
LA10
ME10
NE10
RI10
UT10
WV10

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