FDD ITEM 20 · FISCAL 2021–2025
Wonderly Lights Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), Wonderly Lights reported 42 franchised outlets at year end. 3 of 39 franchised outlets open at the start of the year left the system — an annualized exit rate of 7.7%— while 6 new outlets opened.
| Status (FTC) | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Outlets at start | 0 | 0 | 15 | 32 | 40 |
| Opened | 0 | 14 | 17 | 9 | 6 |
| Transfers | 0 | 0 | 0 | 2 | 0 |
| Terminations | 0 | 0 | 0 | 1 | 3 |
| Non-renewals | 0 | 0 | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 0 | 0 | 0 |
| Outlets at end | 0 | 15 | 32 | 40 | 43 |
| Net change | 0 | +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 franchisee involuntarily or terminally leaves the system. Transfers (0) are resales, not exits; reacquisitions by the franchisor (0) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
| 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 |
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