table_specific

How many Annex Brands franchise transfers occurred in California during 2023?

Annex_Brands Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Number Of Transfers
AZ 2022 3
2023 0
2024 0
CA 2022 14
2023 17
2024 19
CO 2022 1
2023 2
2024 1
CT 2022 0
2023 1
2024 0
FL 2022 3
2023 5
2024 1
GA 2022 0
2023 1
2024 2
ID 2022 1
2023 0
2024 0
IN 2022 0
2023 0
2024 3
KY 2022 0
2023 0
2024 1
MA 2022 1
2023 0
2024 0
MD 2022 2
2023 1
2024 2
MI 2022 1
2023 0
2024 1
NC 2022 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, the number of franchise transfers that occurred in California during 2023 was 17. This indicates the number of times existing Annex Brands franchisees sold or transferred their franchise to a new owner within that year. Franchise transfers can occur for various reasons, such as the franchisee retiring, pursuing other business ventures, or facing personal circumstances that necessitate the sale of their business.

For a prospective franchisee, a higher number of transfers might suggest a more active market for resales, potentially offering opportunities to acquire an existing business rather than starting from scratch. However, it could also signal potential issues with franchisee profitability or satisfaction, warranting further investigation. Conversely, a low number of transfers might indicate stability within the franchise system but could also mean fewer opportunities to buy an existing location.

It's important to note that franchise transfers are a normal part of the franchise lifecycle, and the reasons behind them can vary widely. A prospective Annex Brands franchisee should inquire about the reasons for transfers in specific areas of interest to better understand the local market dynamics and the health of existing franchises. Reviewing the performance and history of any franchise available for transfer is crucial before making a decision.

When evaluating this data, it is also important to consider the total number of Annex Brands locations in California. A transfer rate of 17 out of a large number of locations may indicate a healthy franchise system. However, 17 transfers out of a smaller number of locations could be a cause for concern.

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.