How many company-owned Anago outlets ceased operations during 2022?
Anago Franchise · 2025 FDDAnswer from 2025 FDD Document
| Franchised | 2022 | 44 | 45 | 1 |
|---|---|---|---|---|
| 2023 | 45 | 47 | 2 | |
| 2024 | 47 | 48 | 1 | |
| Company Owned | 2022 | 1 | 0 | -1 |
| 2023 | 0 | 1 | 1 | |
| 2024 | 1 | 0 | -1 | |
| Total Outlets | 2022 | 45 | 45 | 0 |
| 2023 | 45 | 48 | 3 | |
| 2024 | 48 | 48 | 0 | |
| State | Year | Number of Transfers | ||
| AZ | 2022 2023 2024 | 1 0 0 | ||
| MN | 2022 2023 2024 | 0 0 1 | ||
| OH | 2022 2023 2024 | 0 0 1 | ||
| Total | 2022 2023 2024 | 1 0 2 |
Source: Item 20 — OUTLETS AND FRANCHISEES INFORMATION (FDD pages 55–62)
What This Means (2025 FDD)
According to Anago's 2025 Franchise Disclosure Document, there was a net decrease of 1 company-owned outlet in 2022. The provided table indicates that Anago had 1 company-owned outlet at the start of 2022, and this decreased to 0 by the end of the year. This suggests that 1 company-owned Anago outlet ceased operations during 2022.
It is important to note that this data reflects only company-owned outlets and does not include information on franchised locations. The FDD clarifies that the numbers presented in the tables pertain to Subfranchisees, which are the franchises offered under the disclosure document, and do not reflect the number of Unit Franchisees in the Anago system. This distinction is crucial for prospective franchisees to understand the scope of the data being presented.
For a prospective Anago franchisee, this information provides insight into the stability and performance of company-owned operations. While one closure might not be alarming on its own, it would be prudent to investigate the reasons behind the closure to assess any potential risks or challenges associated with the business model. Understanding the factors that led to the closure can help franchisees make informed decisions and potentially avoid similar pitfalls.
In addition to the number of closures, the FDD also includes data on outlet transfers, openings, and reacquisitions, which can provide a more comprehensive view of the overall health and growth of the Anago franchise system. Reviewing these trends over multiple years can offer valuable insights into the brand's performance and its ability to sustain and expand its presence in the market.