FDD ITEM 20 · FISCAL 2023–2025
Tapville Social Item 20: outlets, closures & growth
In its latest FDD Item 20 (fiscal 2025), Tapville Social reported 40 franchised outlets at year end. 3 of 34 franchised outlets open at the start of the year left the system — an annualized exit rate of 8.8%— while 10 new outlets opened. Systemwide units moved +65.4% over 2023–2025.
| Status (FTC) | 2023 | 2024 | 2025 |
|---|---|---|---|
| Outlets at start | 12 | 26 | 39 |
| Opened | 14 | 14 | 10 |
| Transfers | 0 | 8 | 4 |
| Terminations | 0 | 0 | 2 |
| Non-renewals | 0 | 0 | 0 |
| Reacquired by franchisor | 1 | 2 | 0 |
| Ceased — other reasons | 0 | 0 | 1 |
| Outlets at end | 26 | 39 | 43 |
| Net change | +14 | +13 | +4 |
2 terminations + 0 non-renewals + 1 ceased (other) = 3 exits ÷ 34 at start = 8.8%
These are the three FTC Item 20 statuses in which a franchisee involuntarily or terminally leaves the system. Transfers (4) 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 | 18 | — |
| IL | 4 | 2 |
| CT | 3 | — |
| GA | 3 | — |
| FL | 2 | — |
| CA | 1 | — |
| CO | 1 | — |
| KY | 1 | — |
| LA | 1 | — |
| MD | 1 | — |
| MI | 1 | — |
| NJ | 1 | — |
| NY | 1 | — |
| PA | 1 | 1 |
| WI | 1 | — |
| MA | 0 | — |
| MS | 0 | — |
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