FRANCHISE·WATCH·DESK

FDD ITEM 20 · FISCAL 2023–2025

PRIMROSE SCHOOLS Item 20: outlets, closures & growth

In its latest FDD Item 20 (fiscal 2025), PRIMROSE SCHOOLS reported 557 franchised outlets at year end. 4 of 525 franchised outlets open at the start of the year left the system — an annualized exit rate of 0.8%— while 36 new outlets opened. Systemwide units moved +10.3% over 2023–2025.

Item 20 · outlet status by yearas filed
Status (FTC)202320242025
Outlets at start483505525
Opened232136
Transfers173021
Terminations001
Non-renewals001
Reacquired by franchisor000
Ceased — other reasons112
Outlets at end505525557
Net change+22+20+32
How the exit count is computedfiscal 2025

1 terminations + 1 non-renewals + 2 ceased (other) = 4 exits ÷ 525 at start = 0.8%

These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (21) 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.

Franchised outlets by state · fiscal 202536 states/territories
StateFranchisedCompany-owned
TX1420
GA500
OH410
FL350
CO320
NC260
MN220
VA220
TN190
NJ160
AZ130
IN120
MA120
OK110
KS100
CA90
IL90
PA90
MD70
MO70
NE70
AL60
SC60
MI50
NV50
WA40
IA30
NY30
AR20
ID20
KY20
NH20
WI20
DC10
OR10
SD10
Before you sign anythingfree · 30 min · no commission

A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing PRIMROSE SCHOOLS's numbers, including talking you out of a bad deal.

Talk to an independent CPA before you buy →