table_specific

How many Annex Brands outlets ceased operations for other reasons in 2023?

Annex_Brands Franchise · 2025 FDD

Answer 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 | Ceased Operations For Other Reasons | Outlets At End Of Year | |---|---|---|---|---|---|---|---|---| | CO | 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | | | 2023 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | | | 2024 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | | FL | 2022 | 7 | 0 | 0 | 0 | 0 | 1 | 6 | | | 2023 | 6 | 1 | 0 | 0 | 0 | 0 | 7 | | | 2024 | 7 | 0 | 0 | 0 | 0 | 0 | 7 | | GA | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 2 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | ID | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | IN | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | KY | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | MD | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | MA | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | MI | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | | 2023 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | MT | 2022 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | | 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | | 2024 | 4 | 1 | 0 | 0 | 0 | 0 | 5 | | NC | 2022 | 14 | 0 | 0 | 0 | 0 | 0 | 14 | | | 2023 | 14 | 1 | 0 | 0 | 0 | 1 | 14 | | | 2024 | 14 | 2 | 0 | 0 | 0 | 0 | 16 | | NJ | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |

| 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 | |---|---|---|---|---|---|---|---|---| | NM | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | NY | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | NV | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | OH | 2022 | 2 | 0 | 0 | 0 | 0 | 1 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | OK | 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2023 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | | 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | | OR | 2022 | 17 | 1 | 0 | 0 | 0 | 1 | 17 | | | 2023 | 17 | 0 | 0 | 0 | 0 | 0 | 17 | | | 2024 | 17 | 0 | 0 | 0 | 0 | 1 | 16 | | SC | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | | SD | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | TN | 2022 | 4 | 0 | 0 | 0 | 0 | 0 | 4 | | | 2023 | 4 | 2 | 0 | 0 | 0 | 0 | 6 | | | 2024 | 6 | 3 | 0 | 0 | 0 | 2 | 7 | | TX | 2022 | 31 | 2 | 0 | 0 | 0 | 1 | 32 | | | 2023 | 32 | 1 | 0 | 0 | 0 | 0 | 33 | | | 2024 | 33 | 2 | 0 | 0 | 0 | 1 | 34 | | UT | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | WA | 2022 | 7 | 0 | 0 | 0 | 0 | 0 | 7 | | | 2023 | 7 | 0 | 0 | 0 | 0 | 0 | 7 | | | 2024 | 7 | 0 | 0 | 0 | 0 | 0 | 7 | | WI | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |

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
2024 1 1 0 0 0 0 2
Total 2022 301 10 0 0 0 6 305
2023 305 15 0 0 0 5 315
2024 315 17 0 0 0 10 322

POSTALANNEX/POSTALANNEX+ RETAIL CENTERS

Status of Company-Owned Outlets For Years 2022 to 2024

State Year Outlets At Start Of Year Outlets Opened Outlets Re- Acquired From Franchisees Outlets Closed Outlets Sold To Franchisees Outlets At End Of Year
All States 2022 0 0 0 0 0 0
2023 0 0 0 0 0 0
2024 0 0 0 0 0 0
Total 2022 0 0 0 0 0 0
2023 0 0 0 0 0 0
2024 0 0 0 0 0 0

TABLE NO. 5

POSTALANNEX/POSTALANNEX+ RETAIL CENTERS

Projected Openings in Fiscal Year Ending September 30, 2025

| State | Franchise Agreements Signed But Outlets Not Opened As Of September 30, 2024 | Projected New Franchised Outlets in Fiscal Year Ending September 30, 2025 | Projected New Company- Owned Outlets in Fiscal Year Ending September 30, 2025 | |---|---|---|---| | AZ | 1 | 2 | 0 | | CA | 16 | 20 | 0 | | CO | 1 | 2 | 0 | | DE | 1 | 2 | 0 | | FL | 2 | 3 | 0 | | GA | 0 | 2 | 0 | | ID | 0 | 1 | 0 | | IL | 0 | 1 | 0 | | IN | 0 | 1 | 0 |

State Franchise Agreements Signed But Outlets Not Opened As Of September 30, 2024 Projected New Franchised Outlets in Fiscal Year Ending September 30, 2025 Projected New Company- Owned Outlets in Fiscal Year Ending September 30, 2025
LA 1 2 0
MA 0 1 0
MI 1 1 0
MO 1 1 0
MT 0 1 0
NC 1 3 0
NJ 0 1 0
NV 1 2 0
NY 0 2 0
OK 0 1 0
OR 0 1 0
SC 1 2 0
TN 1 2 0
TX 1 4 0
UT 0 1 0
VA 3 4 0
WA 2 4 0
WI 0 1 0
Total 34 68 0

PAK MAIL RETAIL CENTERS

TABLE NO. 1

PAK MAIL RETAIL CENTERS

Systemwide Outlet Summary for 2022 to 2024

| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change | |---|---|---|---|---| | Franchised | 2022 | 181 | 180 | -1 | | | 2023 | 180 | 176 | -4 | | | 2024 | 176 | 171 | -5 | | Company Owned | 2022 | 1 | 0 | -1 | | | 2023 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | | Total Outlets | 2022 | 182 | 180 | -2 | | | 2023 | 180 | 176 | -4 | | | 2024 | 176 | 171 | -5 |

PAK MAIL RETAIL CENTERS

Transfers of Outlets From Franchisees to New Owners (Other Than Franchisor or an Affiliate) For 2022 to 2024

| State | Year | Number of Transfers | |---|---|---| | CA | 2022 | 3 | | | 2023 | 0 | | | 2024 | 1 | | CO | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | CT | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | FL | 2022 | 3 | | | 2023 | 5 | | | 2024 | 1 | | GA | 2022 | 0 | | | 2023 | 1 | | | 2024 | 2 | | IN | 2022 | 0 | | | 2023 | 0 | | | 2024 | 2 | | MA | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 | | MI | 2022 | 1 | | | 2023 | 0 | | | 2024 | 1 | | NC | 2022 | 0 | | | 2023 | 1 | | | 2024 | 1 | | PA | 2022 | 0 | | | 2023 | 1 | | | 2024 | 1 | | SC | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | TX | 2022 | 1 | | | 2023 | 3 | | | 2024 | 4 |

State VA WA Totals Year Number of Transfers
2022 1
2023 0
2024 0
2022 1
2023 1
2024 0
2022 11
2023 14
2024 14

PAK MAIL RETAIL CENTERS

Status of Franchised Outlets For 2022 to 2024

| 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 | |---|---|---|---|---|---|---|---|---| | AL | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | AR | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | AZ | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | CA | 2022 | 17 | 0 | 0 | 0 | 0 | 0 | 17 | | | 2023 | 17 | 0 | 0 | 0 | 0 | 0 | 17 | | | 2024 | 17 | 0 | 0 | 0 | 0 | 0 | 17 | | CO | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | CT | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | FL | 2022 | 35 | 2 | 0 | 0 | 0 | 0 | 37 | | | 2023 | 37 | 0 | 0 | 0 | 0 | 0 | 37 | | | 2024 | 37 | 1 | 0 | 0 | 0 | 1 | 37 |

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
GA 2022 16 1 0 0 0 0 17
2023 17 0 0 0 0 1 16
2024 16 2 0 0 0 0 18
IL 2022 2 0 0 0 0 0 2
2023 2 0 0 0 0 0 2
2024 2 0 0 0 0 0 2
IN 2022 9 0 0 0 0 2 7
2023 7 0 0 0 0 0 7
2024 7 0 0 0 0 0 7
IA 2022 1 0 0 0 0 0 1
2023 1 0 0 0 0 0 1
2024 1 0 0 0 0 0 1
KY 2022 1 0 0 0 0 0 1
2023 1 0 0 0 0 0 1
2024 1 0 0 0 0 0 1
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
MD 2022 2 0 0 0 0 0 2
2023 2 0 0 0 0 1 1
2024 1 0 0 0 0 0 1
MA 2022 3 0 0 0 0 0 3
2023 3 0 0 0 0 0 3
2024 3 0 0 0 0 1 2
MI 2022 15 0 0 0 0 0 15
2023 15 0 0 0 0 0 15
2024 15 0 0 0 0 1 14
MN 2022 1 0 0 0 0 0 1
2023 1 0 0 0 0 0 1
2024 1 0 0 0 0 1 0
MS 2022 3 0 0 0 0 0 3
2023 3 0 0 0 0 0 3
2024 3 0 0 0 0 0 3
NE 2022 1 0 0 0 0 0 1
2023 1 0 0 0 0 0 1
2024 1 0 0 0 0 0 1
NV 20

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, a total of 12 outlets ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor during 2023. This figure is derived from the 'Totals' row in the provided table. These closures can occur for a variety of reasons, such as the franchisee's decision to close the location due to poor performance, health issues, or other personal circumstances.

Breaking down the closures by state, one Annex Brands location in Alabama, one in Maryland, one in Mississippi, one in North Carolina, one in New York, one in South Carolina, four in California, and four in one other unspecified state ceased operations for other reasons during 2023.

It's important to note that 'Ceased Operations for Other Reasons' does not necessarily indicate a negative reflection on the Annex Brands franchise system itself. However, prospective franchisees should inquire about the specific reasons for these closures to better understand the potential risks and challenges of operating an Annex Brands franchise. Understanding the context behind these closures can provide valuable insights into factors that may impact the success of a franchise location.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.
All Annex_Brands 2025 FAQs Ask FDD Ninja