How many Annex Brands outlets opened in 2024 across all states?
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 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 F
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 varying numbers of outlets opened in 2024 depending on the specific state. For instance, in one set of data, a total of 17 outlets opened across all states listed. However, another set of data indicates that no outlets opened in 'All states' during 2024. These discrepancies highlight the importance of carefully reviewing the data for the relevant geographic area.
Specifically, the data is broken down by state and includes the number of outlets at the start of the year, the number of 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 level of detail allows potential franchisees to assess the growth and stability of Annex Brands in different markets.
It is important to note the different table formats presented in the FDD. Some tables include columns for 'Terminations', 'Non-Renewals', 'Reacquired By Franchisor' and 'Ceased Operations For Other Reasons', while others include columns for 'Outlets Re-Acquired From Franchisees', 'Outlets Closed', and 'Outlets Sold To Franchisees'. These variations suggest that Annex Brands may track outlet changes using different categories depending on the specific context or reporting requirement. A prospective franchisee should clarify these distinctions with Annex Brands to gain a comprehensive understanding of outlet dynamics.
Given the conflicting information, a prospective franchisee should seek clarification from Annex Brands regarding the total number of outlets opened in 2024. They should inquire about the reasons for the discrepancies in the data and request a consolidated report that provides an accurate and comprehensive overview of outlet openings across all states.