How many company-owned Annex Brands outlets were re-acquired from franchisees in 2023?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| Year | Outlets At Start Of Year | Outlets Opened | Outlets Re- Acquired From Franchisees | Outlets Closed | Outlets Sold To Franchisees |
|---|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 78–109)
What This Means (2025 FDD)
According to the 2025 FDD, Annex Brands re-acquired zero outlets from franchisees in 2023. This data is reflected in multiple tables throughout Item 20, which detail the status of company-owned outlets across various retail center types, including PostalAnnex/PostalAnnex+, AIM Mail, Pak Mail, and Sunshine Pack & Ship. Each table consistently reports zero re-acquisitions for company-owned stores in 2023.
Specifically, one table provides a consolidated view of company-owned outlet re-acquisitions across all retail centers. This table shows that in 2023, there were zero outlets re-acquired from franchisees. This indicates that Annex Brands did not buy back any franchised locations to convert them into company-owned operations during that year.
For a prospective franchisee, this information suggests that Annex Brands primarily focuses on franchise-led growth rather than re-acquiring existing franchised locations. This could imply a stable relationship between the franchisor and franchisees, or it may reflect a strategic decision to avoid the operational complexities of managing company-owned stores acquired from franchisees. A potential franchisee may want to inquire about the conditions under which Annex Brands might consider re-acquiring a franchise, and what factors contribute to those decisions.