FDD ITEM 20 · FISCAL 2023–2025
EINSTEIN BROS. RESTAURANT Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), EINSTEIN BROS. RESTAURANT reported 69 franchised outlets at year end. 0 of 63 franchised outlets open at the start of the year left the system — an annualized exit rate of 0.0%— while 6 new outlets opened. Systemwide units moved +20.5% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 379 | 385 | 415 |
| Opened | 4 | 8 | 6 |
| Transfers | 0 | 1 | 1 |
| Terminations | 0 | 1 | 0 |
| Non-renewals | 4 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 0 |
| Outlets at end | 385 | 415 | 464 |
| Net change | +6 | +30 | +49 |
0 terminations + 0 non-renewals + 0 ceased (other) = 0 exits ÷ 63 at start = 0.0%
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 (0) are tracked separately. There is no official “failure rate” — this annualized exit rate is the disclosed, measurable floor.
| State | Franchised | Company-owned |
|---|---|---|
| TX | 15 | 56 |
| CA | 14 | 28 |
| PA | 6 | 2 |
| TN | 6 | — |
| AZ | 5 | 37 |
| FL | 4 | 58 |
| AR | 3 | — |
| CO | 3 | 45 |
| VA | 3 | 8 |
| IL | 2 | 14 |
| NC | 2 | — |
| OK | 2 | 1 |
| GA | 1 | 23 |
| IN | 1 | 6 |
| MI | 1 | 14 |
| UT | 1 | 21 |
| DC | 0 | 1 |
| DE | 0 | 1 |
| KS | 0 | 5 |
| MA | 0 | 1 |
| MD | 0 | 6 |
| MN | 0 | 2 |
| MO | 0 | 7 |
| NH | 0 | 1 |
| NM | 0 | 7 |
| NV | 0 | 19 |
| OH | 0 | 13 |
| OR | 0 | 6 |
| SD | 0 | 1 |
| WA | 0 | 3 |
| WI | 0 | 9 |
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing EINSTEIN BROS. RESTAURANT's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →