How many Annex Brands franchises opened in Massachusetts 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 | |---|---|---|---|---|---|---|---|---| | 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 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | CA | 2022 | 186 | 5 | 0 | 0 | 0 | 2 | 189 | | | 2023 | 189 | 6 | 0 | 0 | 0 | 4 | 191 | | | 2024 | 191 | 6 | 0 | 0 | 0 | 6 | 191 |
| State | Year | Outlets At Start Of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired By Franchisor | Cease
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, there is conflicting information regarding the number of franchise locations opened in Massachusetts during 2024. One table indicates that one location opened, while another table indicates that zero locations opened.
Specifically, one table shows that the number of Annex Brands locations in Massachusetts started at three in 2024, one new location opened, and one location ceased operations for other reasons, resulting in three locations at the end of the year.
However, another table shows that the number of Annex Brands locations in Massachusetts started at zero in 2024, one new location opened, and zero locations ceased operations, resulting in one location at the end of the year. This discrepancy could be due to different reporting periods or the inclusion/exclusion of certain types of locations.
A prospective franchisee should seek clarification from Annex Brands regarding these conflicting data points to understand the actual number of franchise openings and closures in Massachusetts during 2024. Understanding the reasons behind any closures is also crucial for assessing the market's stability and potential risks.