FDD ITEM 20 · FISCAL 2017–2019
360 Painting Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2019), 360 Painting reported 117 franchised outlets at year end. 28 of 101 franchised outlets open at the start of the year left the system — an annualized exit rate of 27.7%— while 44 new outlets opened. Systemwide units moved +33.0% over 2017–2019.
| Status (FTC) | 2017 | 2018 | 2019 |
|---|---|---|---|
| Outlets at start | 68 | 88 | 101 |
| Opened | 30 | 26 | 44 |
| Transfers | 0 | 0 | 0 |
| Terminations | 2 | 0 | 2 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 8 | 13 | 26 |
| Outlets at end | 88 | 101 | 117 |
| Net change | +20 | +13 | +16 |
2 terminations + 0 non-renewals + 26 ceased (other) = 28 exits ÷ 101 at start = 27.7%
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 |
|---|---|---|
| FL | 15 | 0 |
| NC | 12 | 0 |
| TX | 12 | 0 |
| GA | 6 | 0 |
| CO | 5 | 0 |
| IL | 5 | 0 |
| TN | 5 | 0 |
| NJ | 4 | 0 |
| OH | 4 | 0 |
| OR | 4 | 0 |
| PA | 4 | 0 |
| MD | 3 | 0 |
| SC | 3 | 0 |
| WI | 3 | 0 |
| KY | 2 | 0 |
| MI | 2 | 0 |
| MN | 2 | 0 |
| NY | 2 | 0 |
| OK | 2 | 0 |
| UT | 2 | 0 |
| VA | 2 | 0 |
| WA | 2 | 0 |
| AL | 1 | 0 |
| AR | 1 | 0 |
| AZ | 1 | 0 |
| CT | 1 | 0 |
| IA | 1 | 0 |
| ID | 1 | 0 |
| IN | 1 | 0 |
| MA | 1 | 0 |
| MO | 1 | 0 |
| NM | 1 | 0 |
| SD | 1 | 0 |
| VT | 1 | 0 |
| CA | 0 | 0 |
| KS | 0 | 0 |
| LA | 0 | 0 |
| NH | 0 | 0 |
| NV | 0 | 0 |
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