How many Annex Brands outlets were open at the start of 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 |
|---|---|---|---|---|---|---|---|---|
| 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 | |
| VA | 2022 | 13 | 0 | 0 | 0 | 0 | 0 | 13 |
| 2023 | 13 | 0 | 0 | 0 | 0 | 0 | 13 | |
| 2024 | 13 | 0 | 0 | 0 | 0 | 0 | 13 | |
| WA | 2022 | 10 | 0 | 0 | 0 | 0 | 0 | 10 |
| 2023 | 10 | 0 | 0 | 0 | 0 | 0 | 10 | |
| 2024 | 10 | 0 | 0 | 0 | 0 | 0 | 10 | |
| WI | 2022 | 3 | 0 | 0 | 0 | 0 | 1 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 1 | 0 | 0 | 0 | 0 | 3 | |
| Total | 2022 | 559 | 13 | 0 | 0 | 0 | 10 | 562 |
| 2023 | 562 | 15 | 0 | 0 | 0 | 12 | 565 | |
| 2024 | 565 | 21 | 0 | 0 | 0 | 19 | 567 |
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 a total of 559 outlets open at the start of 2022. This number includes both franchised and company-owned locations across all states where Annex Brands operates.
The FDD provides a detailed breakdown of outlet information, including 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. This information is presented on a state-by-state basis, as well as in aggregate totals.
For a prospective franchisee, this historical data is valuable in understanding the growth and stability of the Annex Brands franchise system. It can help them assess the brand's performance in different geographic areas and evaluate the factors that contribute to outlet openings and closures. Reviewing these trends over multiple years can provide insights into the overall health and potential risks associated with investing in an Annex Brands franchise.