How many franchised Annex Brands outlets were operating at the start of 2024?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
PAK MAIL RETAIL CENTERS
Transfers of Outlets From Franchisees to New Owners (Other Than Franchisor or an Affiliate) For 2022 to 2024
| State | Year | Number of Transfers | |---|---|---| | CA | 2022 | 3 | | | 2023 | 0 | | | 2024 | 1 | | CO | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | CT | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | FL | 2022 | 3 | | | 2023 | 5 | | | 2024 | 1 | | GA | 2022 | 0 | | | 2023 | 1 | | | 2024 | 2 | | IN | 2022 | 0 | | | 2023 | 0 | | | 2024 | 2 | | MA | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 | | MI | 2022 | 1 | | | 2023 | 0 | | | 2024 | 1 | | NC | 2022 | 0 | | | 2023 | 1 | | | 2024 | 1 | | PA | 2022 | 0 | | | 2023 | 1 | | | 2024 | 1 | | SC | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | TX | 2022 | 1 | | | 2023 | 3 | | | 2024 | 4 |
| State VA WA Totals | Year | Number of Transfers |
|---|---|---|
| 2022 | 1 | |
| 2023 | 0 | |
| 2024 | 0 | |
| 2022 | 1 | |
| 2023 | 1 | |
| 2024 | 0 | |
| 2022 | 11 | |
| 2023 | 14 | |
| 2024 | 14 |
PAK MAIL RETAIL CENTERS
Status of Franchised Outlets For 2022 to 2024
| State | Year | Outlets At Start Of Year | Outlets Opened |
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, the number of franchised outlets operating at the start of 2024 varies depending on the specific table presented. One table shows that there were 176 franchised outlets at the start of 2024. Another table indicates 42 franchised outlets at the start of 2024. A further table shows 315 franchised outlets at the start of 2024. Yet another table shows 21 franchised outlets at the start of 2024. Finally, another table shows 8 franchised outlets at the start of 2024, and another shows 3 franchised outlets at the start of 2024. And yet another table shows 1 franchised outlet at the start of 2024. These discrepancies may be due to different reporting segments, brands, or store types within the Annex Brands franchise system.
The inconsistent data regarding the number of franchised Annex Brands outlets at the start of 2024 makes it difficult to assess the overall size and stability of the franchise system. A prospective franchisee should seek clarification from Annex Brands regarding these discrepancies to understand which figures apply to the specific franchise opportunity they are considering. Understanding the accurate number of operating franchises is crucial for evaluating the potential market saturation and brand recognition in a given area.
It is important for potential franchisees to conduct thorough due diligence and seek clarification from the franchisor regarding any inconsistencies or discrepancies in the FDD. This includes understanding the different segments or brands that may be contributing to the varying outlet numbers. A clear understanding of the franchise network's size and composition is essential for making an informed investment decision.
The varying numbers highlight the importance of asking Annex Brands for a detailed breakdown of the outlet numbers, specifying which brand or segment each number refers to. This will help a prospective franchisee gain a clearer picture of the specific franchise they are considering and its position within the broader Annex Brands portfolio.