How many Annex Brands outlets were operating in Maryland at the end of 2023?
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
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, the number of outlets operating in Maryland at the end of 2023 varies depending on which brand is being examined.
For one set of Annex Brands franchises in Maryland, the number of outlets at the start of 2023 was 8, with no outlets opening, terminations, non-renewals or re acquisitions by the franchisor. However, one outlet ceased operations for other reasons, leaving 7 outlets at the end of 2023.
For another set of Annex Brands franchises in Maryland, the number of outlets at the start of 2023 was 2, with no outlets opening, terminations, non-renewals or re acquisitions by the franchisor. However, one outlet ceased operations for other reasons, leaving 1 outlet at the end of 2023. For yet another set of Annex Brands franchises in Maryland, the number of outlets remained constant at 5 throughout 2023. And finally, for another set of Annex Brands franchises in Maryland, the number of outlets remained constant at 1 throughout 2023.
It is important for a prospective franchisee to clarify with Annex Brands which specific franchise offering these figures pertain to, as the number of operating outlets can significantly vary.