How many Annex Brands outlets in Mississippi did not renew their franchise agreement 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 |
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 zero non-renewals of franchise agreements in Mississippi during 2022. The provided table shows the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this indicates that franchise agreements within Annex Brands in Mississippi were stable during that period, with no franchisees choosing not to renew their agreements. This could be interpreted as a positive sign, suggesting satisfaction among existing franchisees with the brand and business model.
However, it is important to consider this data in conjunction with other factors, such as the overall number of outlets in Mississippi, the length of the franchise terms, and the reasons why franchisees might choose not to renew in other years. A more comprehensive analysis would involve looking at renewal rates over several years to identify any trends or potential issues. Additionally, prospective franchisees should speak with current and former franchisees to understand their experiences and reasons for renewing or not renewing their agreements.