In Louisiana, how many Annex Brands outlets ceased operations for other reasons in 2023?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets At Start Of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired By Franchisor | Ceased Operations For Other Reasons | Outlets At End Of Year |
|---|---|---|---|---|---|---|---|---|
| LA | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 78–109)
What This Means (2025 FDD)
According to Annex Brands's 2025 Franchise Disclosure Document, there were zero outlets in Louisiana that ceased operations for other reasons in 2023. The table provided in Item 20 of the FDD outlines the number of outlets that ceased operations for various reasons, including 'Ceased Operations For Other Reasons'.
Specifically, for Louisiana in 2023, the table shows that there was 1 outlet at the start of the year, zero outlets opened, and zero outlets ceased operations for other reasons, leaving 1 outlet at the end of the year. This indicates that no Annex Brands locations in Louisiana closed due to reasons other than terminations, non-renewals, or reacquisition by the franchisor during that year.
This information is valuable for potential franchisees as it provides insight into the stability and performance of Annex Brands franchises in Louisiana. A history of few closures can be seen as a positive indicator, suggesting a healthy franchise system. However, it is important to consider this data in conjunction with other factors, such as the overall economic conditions in the area and the specific circumstances of any closures that may have occurred in other years or for other reasons.