How many Annex Brands outlets were operating in Montana at the start 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 |
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 4 outlets operating in Montana at the start of 2023. This information is based on the table that details outlet information by state and year. The table provides a snapshot of the number of outlets at the beginning of the year, the number of outlets opened during the year, and the number of outlets at the end of the year.
For a prospective franchisee, this indicates the existing market presence of Annex Brands in Montana. It can be helpful to understand the level of brand recognition and competition in the area. A franchisee might want to further investigate the performance of these existing outlets to gauge potential market saturation and growth opportunities.
It is important to note that this number reflects the total number of Annex Brands outlets, and does not differentiate between different types of outlets, such as franchised versus company-owned locations. Further due diligence, including speaking with existing franchisees in Montana, would be beneficial to assess the specific market dynamics and opportunities for a new Annex Brands location.