As of what date are the numbers in the charts in Item 20 of the Anago FDD calculated?

According to Anago's 2025 Franchise Disclosure Document, the numbers presented in the charts within Item 20 reflect data pertaining to Subfranchisees, which is the franchise type offered in the document. These figures do not include information about Unit Franchisees within the Anago system. All the numbers in the charts are calculated as of December 31st of each year. This means that the data provided for the years 2022, 2023, and 2024, which are included in the tables, are accurate up to the end of each of those respective years.

For a prospective Anago franchisee, this is important because it provides a clear understanding of the timeframe that the data covers. When reviewing the tables detailing outlet information, transfers, and other key metrics, franchisees can be confident that the numbers reflect the state of the Anago franchise system as of the last day of each year presented. This allows for a consistent and comparable analysis of the franchise's performance over time.

It is also important to note that the data specifically pertains to Subfranchisees, as opposed to Unit Franchisees. This distinction is crucial because the performance and trends of Subfranchisees may differ from those of Unit Franchisees. Therefore, prospective franchisees should focus on the Subfranchisee data when evaluating the potential of an Anago franchise, as this is the specific franchise model being offered in the 2025 Franchise Disclosure Document.