How many Annex Brands franchises opened in Louisiana during 2024?
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 |
|---|---|---|---|---|---|---|---|---|
| LA | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 78–109)
What This Means (2025 FDD)
According to the 2025 FDD, there were no Annex Brands franchises opened in Louisiana during 2024. The data shows that the number of outlets in Louisiana remained constant at one location throughout 2022 and 2023, and 2024. This indicates that while there was an existing Annex Brands location, no new franchises were established in the state during that year.
For a prospective franchisee, this information is crucial for understanding the growth and market penetration of Annex Brands in Louisiana. The absence of new openings in 2024 could suggest a stable market presence or potentially limited opportunities for expansion in the short term. It is important to investigate the reasons behind the lack of new openings, such as market saturation, economic conditions, or strategic decisions by the franchisor.
It is also worth noting that Annex Brands projects opening two new franchised outlets in Louisiana during the fiscal year ending September 30, 2025. This suggests a renewed interest in expanding within the state, which could present opportunities for new franchisees. A potential franchisee should further investigate the specific locations targeted for these new outlets and the support and resources Annex Brands plans to provide for these expansions.