How many company-owned Annex Brands outlets were re-acquired from franchisees in Florida during 2023?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets At Start Of Year | Outlets Opened | Outlets Re- Acquired From Franchisees | Outlets Closed | Outlets Sold To Franchisees | Outlets At End Of Year |
|---|---|---|---|---|---|---|---|
| FL | 2022 | 1 | 0 | 0 | 0 | 1 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 78–109)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, there were no company-owned outlets re-acquired from franchisees in Florida during 2023. The table provided in Item 20 specifically lists the number of outlets re-acquired from franchisees in Florida during 2023 as zero.
This information is relevant for prospective franchisees as it provides insight into the stability and performance of existing franchises within the Annex Brands system. The absence of re-acquisitions could indicate that franchisees in Florida are generally successful and maintaining their businesses. However, it is important to consider this data in conjunction with other factors, such as the number of outlets opened, closed, and sold, to gain a comprehensive understanding of the franchise network's dynamics.
While the data indicates no re-acquisitions, it does not specify the reasons why franchises might close or be sold. A prospective franchisee should inquire about the factors that contribute to franchise success and failure within the Annex Brands system. Understanding these factors can help a new franchisee assess their own likelihood of success and make informed decisions about their investment.