FDD ITEM 20 · FISCAL 2018–2020
BLO BLOW DRY BAR INC. Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2020), BLO BLOW DRY BAR INC. reported 78 franchised outlets at year end. 3 of 71 franchised outlets open at the start of the year left the system — an annualized exit rate of 4.2%— while 10 new outlets opened. Systemwide units moved +36.8% over 2018–2020.
| Status (FTC) | 2018 | 2019 | 2020 |
|---|---|---|---|
| Outlets at start | 44 | 57 | 71 |
| Opened | 14 | 18 | 10 |
| Transfers | 8 | 5 | 4 |
| Terminations | 0 | 0 | 1 |
| Non-renewals | 0 | 3 | 1 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 1 | 1 |
| Outlets at end | 57 | 71 | 78 |
| Net change | +13 | +14 | +7 |
1 terminations + 1 non-renewals + 1 ceased (other) = 3 exits ÷ 71 at start = 4.2%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (4) 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 |
|---|---|---|
| TX | 17 | — |
| TX | 17 | — |
| NY | 10 | — |
| NY | 10 | — |
| FL | 8 | — |
| FL | 8 | — |
| CA | 6 | — |
| CA | 6 | — |
| NJ | 4 | — |
| NJ | 4 | — |
| CO | 3 | — |
| CO | 3 | — |
| GA | 3 | — |
| GA | 3 | — |
| IL | 3 | — |
| IL | 3 | — |
| SC | 3 | — |
| SC | 3 | — |
| CT | 2 | — |
| CT | 2 | — |
| MA | 2 | — |
| MA | 2 | — |
| MD | 2 | — |
| MD | 2 | — |
| MI | 2 | — |
| MI | 2 | — |
| AL | 1 | — |
| AL | 1 | — |
| AZ | 1 | — |
| AZ | 1 | — |
| DC | 1 | 0 |
| DC | 1 | 0 |
| DE | 1 | — |
| DE | 1 | — |
| IA | 1 | — |
| IA | 1 | — |
| KY | 1 | — |
| KY | 1 | — |
| LA | 1 | — |
| LA | 1 | — |
| MO | 1 | — |
| MO | 1 | — |
| NC | 1 | — |
| NC | 1 | — |
| NM | 1 | — |
| NM | 1 | — |
| OK | 1 | — |
| OK | 1 | — |
| PA | 1 | — |
| PA | 1 | — |
| TN | 1 | — |
| TN | 1 | — |
| NV | 0 | — |
| NV | 0 | — |
| OH | 0 | — |
| OH | 0 | — |
| UT | 0 | — |
| UT | 0 | — |
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