How many Annex Brands outlets opened in Florida during 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
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 are conflicting reports regarding the number of outlets opened in Florida during 2022. One excerpt indicates that zero outlets were opened in Florida during 2022, while another excerpt indicates that two outlets were opened in Florida during 2022.
Specifically, one table shows that in Florida, during 2022, there were 43 outlets at the start of the year, 2 outlets opened, 0 terminations, 0 non-renewals, 0 reacquired by the franchisor, 1 that ceased operations for other reasons, and 44 outlets at the end of the year.
Another table shows that in Florida, during 2022, there was 1 outlet at the start of the year, 0 outlets opened, 0 outlets re-acquired from franchisees, 0 outlets closed, 1 outlet sold to franchisees, and 0 outlets at the end of the year.
A prospective franchisee should seek clarification from Annex Brands regarding these discrepancies to understand the actual number of openings and closures in Florida during 2022. This information is crucial for assessing the growth and stability of the franchise network in Florida.