FDD ITEM 20 · FISCAL 2023–2025
Salsarita's Fresh Mexican Grill Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), Salsarita's Fresh Mexican Grill reported 52 franchised outlets at year end. 4 of 56 franchised outlets open at the start of the year left the system — an annualized exit rate of 7.1%— while 0 new outlets opened. Systemwide units moved -15.5% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 73 | 71 | 65 |
| Opened | 1 | 2 | 0 |
| Transfers | 4 | 1 | 0 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 1 | 0 | 2 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 2 | 6 | 2 |
| Outlets at end | 71 | 65 | 60 |
| Net change | -2 | -6 | -5 |
0 terminations + 2 non-renewals + 2 ceased (other) = 4 exits ÷ 56 at start = 7.1%
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 |
|---|---|---|
| TN | 16 | 1 |
| NC | 11 | 6 |
| SC | 6 | 1 |
| AL | 4 | — |
| KY | 4 | — |
| MI | 4 | — |
| IL | 3 | — |
| NY | 3 | — |
| AR | 1 | — |
| IN | 1 | — |
| MD | 1 | — |
| NJ | 1 | — |
| MS | 0 | 0 |
| TX | 0 | — |
| VA | 0 | — |
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Salsarita's Fresh Mexican Grill's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →