FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2023–2025

BRICKS AND MINFIGS Item 20: outlets, closures & growth

In its latest FDD Item 20 (fiscal 2025), BRICKS AND MINFIGS reported 217 franchised outlets at year end. 3 of 154 franchised outlets open at the start of the year left the system — an annualized exit rate of 1.9%— while 67 new outlets opened. Systemwide units moved +156.3% over 2023–2025.

Item 20 · outlet status by yearas filed
Status (FTC)202320242025
Outlets at start5587160
Opened357567
Transfers436
Terminations002
Non-renewals200
Reacquired by franchisor221
Ceased — other reasons001
Outlets at end87160223
Net change+32+73+63
How the exit count is computedfiscal 2025

2 terminations + 0 non-renewals + 1 ceased (other) = 3 exits ÷ 154 at start = 1.9%

These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (6) 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.

Franchised outlets by state · fiscal 202541 states/territories
StateFranchisedCompany-owned
TX29—
CA201
AZ12—
CO11—
MN10—
MI9—
NC9—
OH9—
VA9—
FL81
WA8—
WI8—
IL7—
OR70
UT71
SC5—
TN5—
GA4—
KY4—
NY4—
MO3—
PA3—
AL2—
ID21
IN2—
KS2—
LA2—
NJ2—
NV2—
AR1—
CT11
IA1—
MD1—
MS1—
MT11
NE1—
NH1—
NM1—
OK1—
RI1—
SD1—

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