FDD ITEM 20 · FISCAL 2023–2025
Mobiledumps Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), Mobiledumps reported 26 franchised outlets at year end. 6 of 29 franchised outlets open at the start of the year left the system — an annualized exit rate of 20.7%— while 2 new outlets opened. Systemwide units moved +4.0% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 8 | 25 | 29 |
| Opened | 17 | 6 | 2 |
| Transfers | 0 | 3 | 1 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 2 | 6 |
| Outlets at end | 25 | 29 | 26 |
| Net change | +17 | +4 | -3 |
0 terminations + 0 non-renewals + 6 ceased (other) = 6 exits ÷ 29 at start = 20.7%
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 |
|---|---|---|
| FL | 4 | — |
| TX | 3 | — |
| VA | 3 | — |
| CA | 2 | — |
| NC | 2 | — |
| PA | 2 | — |
| AR | 1 | — |
| AZ | 1 | — |
| IL | 1 | — |
| MA | 1 | — |
| MD | 1 | — |
| NY | 1 | — |
| OH | 1 | — |
| OK | 1 | — |
| WA | 1 | — |
| WI | 1 | — |
| GA | 0 | — |
| NV | 0 | — |
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