FDD ITEM 20 · FISCAL 2023–2025
BARRE3 Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), BARRE3 reported 166 franchised outlets at year end. 6 of 149 franchised outlets open at the start of the year left the system — an annualized exit rate of 4.0%— while 23 new outlets opened. Systemwide units moved +30.3% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 132 | 132 | 155 |
| Opened | 8 | 28 | 23 |
| Transfers | 7 | 19 | 9 |
| Terminations | 1 | 0 | 0 |
| Non-renewals | 2 | 2 | 2 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 5 | 1 | 4 |
| Outlets at end | 132 | 157 | 172 |
| Net change | 0 | +25 | +17 |
0 terminations + 2 non-renewals + 4 ceased (other) = 6 exits ÷ 149 at start = 4.0%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (9) 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 |
|---|---|---|
| MO | 3 | 0 |
| MT | 1 | 0 |
| RI | 1 | 0 |
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