How many Annex Brands outlets opened in North Carolina during 2024?
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 |
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 2 Annex Brands outlets opened in North Carolina during 2024. The table shows that at the start of 2024, there were 14 outlets, and by the end of the year, there were 16. There were no terminations, non-renewals or re acquisitions by the franchisor. One outlet ceased operations for other reasons.
This information is valuable for potential franchisees as it provides a recent history of the brand's expansion and stability in North Carolina. The opening of 2 outlets suggests that Annex Brands is actively growing in the state, which could indicate a healthy market and brand presence.
However, it is important to note that past performance does not guarantee future results. Prospective franchisees should conduct their own market research and due diligence to assess the potential for success in their specific location. They should also inquire about the reasons for any closures or ceased operations to understand any potential challenges or risks associated with operating an Annex Brands franchise in North Carolina.