factual

Is Annex Brands the only approved supplier for the web-based financial training portal?

Annex_Brands Franchise · 2025 FDD

Answer from 2025 FDD Document

We are the only approved supplier for our web-based financial training portal, which we offer under a license from Profit Soup LLC. See Items 6 and 11 for details.

Source: Item 8 — Restrictions on Sources of Products and Services (FDD pages 39–43)

What This Means (2025 FDD)

According to the 2025 FDD, Annex Brands franchisees are required to use Annex Brands as the sole approved supplier for the web-based financial training portal. This portal is offered under a license from Profit Soup LLC. Further details regarding this requirement can be found in Items 6 and 11 of the FDD.

This restriction means that franchisees must obtain this specific training resource directly from Annex Brands, ensuring consistency in financial training across the franchise system. While this guarantees a standardized approach to financial management, it also limits the franchisee's ability to choose alternative training programs or providers, even if they might find another option more suitable or cost-effective.

Prospective franchisees should carefully review Items 6 and 11 of the FDD to understand the full scope of the financial training program, including its cost, content, and any ongoing requirements. It would be prudent to inquire about the reasons for mandating this specific portal and whether there are any circumstances under which alternative training might be considered or if the franchisee can suggest an alternative supplier.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.