How many franchised PostalAnnex/PostalAnnex+ retail centers did Annex Brands have at the start of 2023?
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 |
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 180 franchised PostalAnnex/PostalAnnex+ retail centers at the start of 2023. This information is based on the systemwide outlet summary provided in Item 20, which details the status of franchised outlets from 2022 to 2024. The table specifically lists the number of franchised PostalAnnex/PostalAnnex+ outlets at the beginning of each year.
For a prospective franchisee, this number indicates the size and established presence of the PostalAnnex/PostalAnnex+ franchise system. A larger number of existing franchises can suggest a more mature and potentially stable business model. However, it's also important to consider the net change in outlets year-over-year, as this reflects the growth or contraction of the franchise system. In this case, there was a decrease of 1 location in 2022, and a decrease of 4 locations in 2023.
It is essential for potential franchisees to investigate the reasons behind any net decrease in franchise locations. This could be due to closures, non-renewals, or transfers. Understanding these trends can provide valuable insights into the health and sustainability of the Annex Brands franchise system. Further research into franchisee turnover rates and discussions with current franchisees are advisable to gain a comprehensive understanding.