How many company-owned Annex Brands outlets were sold to franchisees in 2022?
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 |
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 181 | 180 | -1 |
| 2023 | 180 | 176 | -4 | |
| 2024 | 176 | 171 | -5 | |
| Company Owned | 2022 | 1 | 0 | -1 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 182 | 180 | -2 |
| 2023 | 180 | 176 | -4 | |
| 2024 | 176 | 171 | -5 |
| Outlet Type | Year | Outlets At Start Of Year | Outlets At End Of Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 44 | 44 | 0 |
| 2023 | 44 | 42 | -2 | |
| 2024 | 42 | 43 | +1 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 44 | 44 | 0 |
| 2023 | 44 | 42 | -2 | |
| 2024 | 42 | 43 | +1 |
| Outlet Type | Year | Outlets At Start Of Year | Outlets At End Of Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 9 | 9 | 0 |
| 2023 | 9 | 8 | -1 | |
| 2024 | 8 | 8 | 0 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 9 | 9 | 0 |
| 2023 | 9 | 8 | -1 | |
| 2024 | 8 | 8 | 0 |
| Outlet Type | Year | Outlets At Start Of Year | Outlets At End Of Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 21 | 21 | 0 |
| 2023 | 21 | 21 | 0 | |
| 2024 | 21 | 21 | 0 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 21 | 21 | 0 |
| 2023 | 21 | 21 | 0 | |
| 2024 | 21 | 21 | 0 |
| Outlet Type | Year | Outlets At Start Of Year | Outlets At End Of Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 3 | 3 | 0 |
| 2023 | 3 | 3 | 0 | |
| 2024 | 3 | 2 | -1 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 3 | 3 | 0 |
| 2023 | 3 | 3 | 0 | |
| 2024 | 3 | 2 | -1 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 78–109)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, the number of company-owned outlets sold to franchisees varies across different brands within the Annex Brands system. For 'ALL RETAIL CENTERS', the FDD provides a table outlining the status of company-owned outlets. In 2022, zero company-owned outlets were sold to franchisees. The table also shows that in 2023 and 2024, zero company-owned outlets were sold to franchisees.
For 'PAK MAIL RETAIL CENTERS', the FDD provides a table showing that one company-owned outlet was sold in 2022. The table indicates that Annex Brands had one company-owned location at the start of 2022 and zero at the end of the year. In 2023 and 2024, zero company-owned outlets were sold to franchisees.
For 'HANDLE WITH CARE PACKAGING STORE RETAIL CENTERS', 'SUNSHINE PACK & SHIP RETAIL CENTERS', 'POSTALANNEX/POSTALANNEX+ RETAIL CENTERS', 'PARCEL PLUS RETAIL CENTERS', and 'AIM MAIL RETAIL CENTERS' the FDD indicates that zero company-owned outlets were sold to franchisees in 2022. For a prospective franchisee, this information is crucial for understanding the brand's strategy regarding company-owned stores and their potential availability for purchase. It also highlights the different approaches Annex Brands takes with its various brands.