How many Annex Brands outlets ceased operations for other reasons in Tennessee 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 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 78–109)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, one Annex Brands location in Tennessee was operating at the start of 2024, and one location remained at the end of the year. During 2024, zero locations in Tennessee ceased operations for other reasons.
This information is valuable for potential franchisees as it offers insight into the stability and performance of Annex Brands franchises in Tennessee. A consistent number of outlets suggests a stable market presence.
It is important to note that 'ceased operations for other reasons' can encompass various situations, such as closures due to poor performance, failure to meet brand standards, or other unforeseen circumstances. This metric provides a more nuanced view of franchise health than simply looking at terminations or non-renewals. Reviewing this data over several years can reveal trends and potential areas of concern for prospective franchisees.