How many Annex Brands locations were operating in Illinois at the start of 2022?
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 |
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 multiple Annex Brands concepts operating in Illinois at the beginning of 2022. One table shows that there were 2 locations operating in Illinois at the start of 2022. However, another table indicates that there was 1 location operating in Illinois at the start of 2022. It is important to note that the FDD does not specify which concept each table refers to.
This discrepancy could be due to different franchise concepts or brands under the Annex Brands umbrella having separate accounting. It is also possible that the different tables refer to company-owned versus franchisee-owned locations.
A prospective franchisee should clarify with Annex Brands which specific franchise concept each of these figures refers to, to understand the number of existing locations for the particular franchise they are interested in. Understanding the performance and saturation of each brand is crucial for making an informed investment decision.