FDD ITEM 20 · FISCAL 2021–2025
Go Painting Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), Go Painting reported 39 franchised outlets at year end. 0 of 10 franchised outlets open at the start of the year left the system — an annualized exit rate of 0.0%— while 29 new outlets opened. Systemwide units moved +1300.0% over 2021–2025.
| Status (FTC) | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Outlets at start | 3 | 3 | 4 | 3 | 13 |
| Opened | 0 | 0 | 0 | 10 | 29 |
| Transfers | 0 | 0 | 0 | 0 | 0 |
| Terminations | 0 | 0 | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 0 | 0 | 0 |
| Outlets at end | 3 | 3 | 3 | 13 | 42 |
| Net change | 0 | 0 | -1 | +10 | +29 |
0 terminations + 0 non-renewals + 0 ceased (other) = 0 exits ÷ 10 at start = 0.0%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (0) 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 | 6 | — |
| FL | 5 | — |
| GA | 5 | — |
| NC | 5 | — |
| CO | 4 | — |
| OR | 3 | — |
| ID | 2 | 0 |
| MA | 2 | — |
| NE | 2 | — |
| TN | 2 | — |
| VA | 2 | — |
| SC | 1 | — |
| AZ | 0 | 1 |
| NV | 0 | 1 |
| UT | 0 | 1 |
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