How many Annex Brands outlets were operating in Mississippi 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 | |---|---|---|---|---|---|---|---|---| | 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 |
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 two different listings for the number of outlets operating in Mississippi at the start of 2022. One table indicates that there was 1 outlet in operation, while another table shows 3 and yet another shows 4. This discrepancy could be due to different brands operating under the Annex Brands umbrella, or simply a mistake in the reporting.
It is important to note that the number of outlets at the start of the year can impact a new franchisee. More established locations can provide brand recognition and potentially a customer base. However, a market that is saturated may make it more difficult for a new franchise to gain traction.
A prospective Annex Brands franchisee should seek clarification from the franchisor regarding these discrepancies to understand the actual number of operating outlets in Mississippi at the beginning of 2022. Understanding the market saturation and brand presence is crucial for making an informed investment decision.