FDD ITEM 20 · FISCAL 2023–2025
Sparkle Grooming (Regional Developer) Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), Sparkle Grooming (Regional Developer) reported 25 franchised outlets at year end. 0 of 11 franchised outlets open at the start of the year left the system — an annualized exit rate of 0.0%— while 14 new outlets opened.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 0 | 0 | 11 |
| Opened | 0 | 11 | 14 |
| Transfers | 0 | 0 | 0 |
| Terminations | 0 | 0 | 0 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 |
| Ceased — other reasons | 0 | 0 | 0 |
| Outlets at end | 0 | 11 | 25 |
| Net change | 0 | +11 | +14 |
0 terminations + 0 non-renewals + 0 ceased (other) = 0 exits ÷ 11 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 |
|---|---|---|
| MO | 2 | 0 |
| TX | 2 | 0 |
| AR | 1 | 0 |
| CA | 1 | 0 |
| CO | 1 | 0 |
| FL | 1 | 0 |
| GA | 1 | 0 |
| IL | 1 | 0 |
| IN | 1 | 0 |
| KS | 1 | 0 |
| KY | 1 | 0 |
| MD | 1 | 0 |
| NC | 1 | 0 |
| NE | 1 | 0 |
| NJ | 1 | 0 |
| NV | 1 | 0 |
| OH | 1 | 0 |
| OK | 1 | 0 |
| PA | 1 | 0 |
| SC | 1 | 0 |
| UT | 1 | 0 |
| VA | 1 | 0 |
| WI | 1 | 0 |
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Sparkle Grooming (Regional Developer)'s numbers, including talking you out of a bad deal.
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