How many Annex Brands franchises were operating in Delaware at the end 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's 2025 Franchise Disclosure Document, there was 1 franchise operating in Delaware at the end of 2023. The table provided in Item 20 of the FDD outlines 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 Delaware in 2023, the table shows that there was 1 outlet at the start of the year, no outlets opened, and no changes due to terminations, non-renewals, re acquisitions or other reasons. Therefore, the number of Annex Brands franchises operating in Delaware remained constant at 1 by the end of 2023.
This information is valuable for potential franchisees as it provides a clear picture of Annex Brands's franchise presence and stability in specific states. A consistent number of outlets, as seen in Delaware, might indicate a stable market or a lack of growth opportunities in that particular region. It is important to note that past performance does not guarantee future results, and prospective franchisees should conduct their own market research to assess the potential for success in their desired location.