How many Annex Brands outlets were operating in Montana 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 |
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 4 Annex Brands outlets operating in Montana at the start of 2022. The table provided in Item 20 of the FDD details the status of franchised outlets from 2022 to 2024. For Montana specifically, the table shows the number of outlets at the start of each year, any outlets opened, and the number of outlets at the end of the year.
For a prospective franchisee, this information indicates the existing market presence of Annex Brands in Montana. Knowing the number of outlets already operating can help in assessing the market potential and competition in the area. It's also worth noting that no outlets closed or changed ownership during this period, suggesting stability in the existing locations.
It is important to note that while the number of outlets remained constant at 4 for 2022 and 2023, one new outlet opened in 2024, bringing the total to 5. This suggests a potential for growth in the Montana market. A prospective franchisee should further investigate the performance of these existing outlets and the reasons behind the new opening to better understand the opportunities and challenges in this region.