How many franchised Anago outlets were there at the beginning of 2022?

According to Anago's 2025 Franchise Disclosure Document, at the start of 2022, there were 44 franchised outlets. This information is based on the domestic Subfranchise outlets. The FDD specifies that the numbers provided only reflect Subfranchisees and not Unit Franchisees within the Anago system. All figures are accurate as of December 31st of each year.

For a potential Anago subfranchisee, this indicates the existing scale of the franchise network at that time. It's important to note that this number represents only subfranchises, and the total number of individual unit franchisees operating under those subfranchises is not disclosed here. This distinction is crucial for understanding the overall size and structure of the Anago franchise system.

Prospective franchisees should be aware that the FDD includes data on outlet transfers, closures, and openings, which can provide a more dynamic view of the franchise system's evolution. Reviewing these trends alongside the number of outlets at the beginning of the year can offer insights into the stability and growth of the Anago franchise. It is also important to note that the contact information of subfranchisors, both current and former, is available in Exhibit E, though some may have restrictions on what they can openly discuss about their experiences with Anago.