How many Annex Brands franchises were in Iowa at the start of 2023?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets At Start Of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired By Franchisor | Ceased Operations For Other Reasons | Outlets At End Of Year |
|---|---|---|---|---|---|---|---|---|
| AR | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| AZ | 2022 | 2 | 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 was one franchise in Iowa at the start of 2023. The table provided in Item 20 of the FDD includes information about the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
Specifically, for Iowa in 2023, the table indicates that there was one Annex Brands outlet at the start of the year. During 2023, no additional outlets were opened, and there were no terminations, non-renewals or re acquisitions by the franchisor. Additionally, no outlets ceased operations for other reasons. Consequently, the number of Annex Brands outlets in Iowa remained at one at the end of 2023.
This information is useful for prospective franchisees as it provides a historical overview of the franchise's growth and stability in specific locations. It can also help potential franchisees gauge the level of competition and market saturation in a particular state like Iowa.