How many new Annex Brands outlets opened in Georgia during 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 were two new Annex Brands outlets opened in Georgia during 2023. The table provided in Item 20 of the FDD details the number of outlets opened, terminated, and closed for each state over the past three years.
Specifically, for Georgia in 2023, the table indicates that there was one outlet at the start of the year and two outlets opened during the year. No outlets were terminated, non-renewed, or reacquired by the franchisor. There were also no outlets that ceased operations for other reasons. This resulted in a total of three outlets at the end of 2023.
This information is useful for potential franchisees to understand the growth and stability of the Annex Brands franchise system in Georgia. It provides a historical perspective on the number of new outlets opening and whether any existing outlets have closed. Reviewing this data over multiple years can help a prospective franchisee identify trends and assess the overall health of the franchise network in a specific state.