In 2024, how many Anago outlets were sold to subfranchisees in Canada?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
| Country | Year | Outlets at the Start of Year | Outlets Opened | Reacquired From Subfranchisee | Outlets Closed | Outlets Sold to Subfranchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Canada | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEES INFORMATION (FDD pages 55–62)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, in 2024, there were zero outlets sold to subfranchisees in Canada. The table provided in Item 20 outlines the status of international subfranchise outlets, showing that no outlets were sold to subfranchisees in Canada during that year. This indicates that Anago's subfranchise network in Canada did not experience any transfers of ownership through sales in 2024, maintaining a steady number of outlets from the beginning to the end of the year.
For a prospective Anago franchisee, this data point suggests stability in the Canadian market, with no existing subfranchises changing hands. This could be interpreted positively, indicating that subfranchisees are retaining their businesses. However, it could also mean there is a lack of opportunity to acquire existing Anago franchises in Canada, requiring new franchisees to establish their own operations from the ground up.
It is important to note that the table specifically tracks 'Outlets Sold to Subfranchisee,' which refers to existing franchise locations being sold to new owners. This is distinct from the opening of new franchise locations. The FDD also includes projections for new franchised outlets in Canada for the next fiscal year, with Anago projecting two new franchised outlets. This indicates potential growth and expansion opportunities within the Canadian market, even if existing franchises are not frequently changing ownership.