How many Annex Brands outlets in Illinois were terminated in 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 | 0 | 0 | 6 | 191 |
| State | Year | Outlets At Start Of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired By Franchisor | Ceased Oper
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 were two separate Annex Brands concepts operating in Illinois in 2022. For the first concept, there were 2 outlets at the start of 2022, and zero terminations. For the second concept, there was 1 outlet at the start of 2022, and zero terminations.
In practical terms, this means that if you are considering opening an Annex Brands franchise in Illinois, the FDD indicates that no franchise agreements were terminated by Annex Brands in 2022 for either concept. This information can be reassuring, as it suggests that franchisees in Illinois were generally able to maintain their agreements with Annex Brands during that year.
It is important to note that terminations are just one factor to consider when evaluating a franchise opportunity. Other factors, such as the number of outlets that ceased operations for other reasons or were not renewed, can also provide valuable insights into the health and stability of the franchise system. Additionally, prospective franchisees should speak with current and former franchisees to gain a better understanding of their experiences with Annex Brands.