FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2023–2025

WSI Item 20: outlets, closures & growth

In its latest FDD Item 20 (fiscal 2025), WSI reported 153 franchised outlets at year end. 14 of 154 franchised outlets open at the start of the year left the system — an annualized exit rate of 9.1%— while 13 new outlets opened. Systemwide units moved +3.4% over 2023–2025.

Item 20 · outlet status by yearas filed
Status (FTC)202320242025
Outlets at start160148154
Opened71813
Transfers011
Terminations037
Non-renewals1966
Reacquired by franchisor000
Ceased — other reasons031
Outlets at end148154153
Net change-12+6-1
How the exit count is computedfiscal 2025

7 terminations + 6 non-renewals + 1 ceased (other) = 14 exits ÷ 154 at start = 9.1%

These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (1) 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.

Franchised outlets by state · fiscal 202537 states/territories
StateFranchisedCompany-owned
CA200
TX160
PA120
GA100
FL80
NC80
CT70
NJ70
IL50
MA50
NY50
AZ40
IN30
MD30
MN30
UT30
VA30
WA30
WI30
CO20
KS20
MI20
MO20
OH20
OK20
SC20
TN20
WV20
DE10
KY10
NM10
NV10
OR10
PR10
RI10
MS00
NH00
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