FDD ITEM 20 · FISCAL 2023–2025
BNI Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), BNI reported 101 franchised outlets at year end. 3 of 99 franchised outlets open at the start of the year left the system — an annualized exit rate of 3.0%— while 6 new outlets opened. Systemwide units moved +2.1% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 187 | 187 | 187 |
| Opened | 0 | 0 | 6 |
| Transfers | 0 | 1 | 1 |
| Terminations | 0 | 0 | 2 |
| Non-renewals | 0 | 1 | 0 |
| Reacquired by franchisor | 4 | 2 | 1 |
| Ceased — other reasons | 0 | 0 | 1 |
| Outlets at end | 187 | 187 | 191 |
| Net change | 0 | 0 | +4 |
2 terminations + 0 non-renewals + 1 ceased (other) = 3 exits ÷ 99 at start = 3.0%
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 (1) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
| State | Franchised | Company-owned |
|---|---|---|
| CA | 14 | 6 |
| FL | 6 | 4 |
| NY | 6 | 5 |
| TX | 6 | 8 |
| OH | 5 | 1 |
| PA | 5 | 3 |
| NC | 4 | 2 |
| VA | 4 | 5 |
| AL | 3 | — |
| AZ | 3 | 1 |
| GA | 3 | 2 |
| IL | 3 | 4 |
| IN | 3 | — |
| NJ | 3 | 1 |
| WI | 3 | 1 |
| CO | 2 | 2 |
| KS | 2 | — |
| KY | 2 | — |
| LA | 2 | — |
| MO | 2 | 1 |
| NV | 2 | — |
| SC | 2 | 2 |
| TN | 2 | 2 |
| UT | 2 | — |
| WA | 2 | 5 |
| AK | 1 | — |
| IA | 1 | 1 |
| ID | 1 | — |
| MD | 1 | 1 |
| ME | 1 | — |
| MI | 1 | 4 |
| MS | 1 | 1 |
| MT | 1 | 1 |
| NH | 1 | — |
| WV | 1 | — |
| AR | 0 | 2 |
| CT | 0 | 2 |
| DC | 0 | 1 |
| DE | 0 | 1 |
| HI | 0 | 2 |
| MA | 0 | 5 |
| MN | 0 | 3 |
| ND | 0 | 1 |
| NE | 0 | 1 |
| NM | 0 | 1 |
| OK | 0 | 2 |
| OR | 0 | 2 |
| RI | 0 | 1 |
| SD | 0 | 1 |
| VT | 0 | 1 |
| WY | 0 | 1 |
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