FDD ITEM 20 · FISCAL 2022–2025
Wonderly Lights Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), Wonderly Lights reported 42 franchised outlets at year end. 3 of 39 franchised outlets open at the start of the year left the system (exit rate 7.7%, fiscal 2025), while 6 new outlets opened. Systemwide units moved 15 → 43 units over 2022–2025.
| Status (FTC) | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Outlets at start | 0 | 15 | 32 | 40 |
| Opened | 14 | 17 | 9 | 6 |
| Transfers | 0 | 0 | 2 | 0 |
| Terminations | 0 | 0 | 1 | 3 |
| Non-renewals | 0 | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 0 | 0 |
| Outlets at end | 15 | 32 | 40 | 43 |
| Net change | +15 | +17 | +8 | +3 |
3 terminations + 0 non-renewals + 0 ceased (other) = 3 exits ÷ 39 at start = 7.7%
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 (0) 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 |
|---|---|---|
| MD | 6 | 0 |
| FL | 4 | 0 |
| GA | 4 | 0 |
| NJ | 4 | 0 |
| VA | 4 | 1 |
| AR | 3 | 0 |
| IN | 3 | 0 |
| MA | 2 | 0 |
| MI | 2 | 0 |
| NC | 2 | 0 |
| NY | 2 | 0 |
| OH | 2 | 0 |
| SC | 2 | 0 |
| AL | 1 | 0 |
| TX | 1 | 0 |
| NH | 0 | 0 |
The Wonderly Lights validation checklist
questions built from this brand's own filings · read them all on the profile
Want this as a checklist you can take to the calls?
I'll email you the printable version, and tell you if Wonderly Lights’ numbers move — a new filing, a rising exit rate, a distress signal. Unsubscribe in one click.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing Wonderly Lights’ numbers, including talking you out of a bad deal.