How many Annex Brands outlets were operating in New Mexico 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 |
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 2 Annex Brands outlets operating in New Mexico at the start of 2022. Throughout 2022, no additional outlets were opened, and none closed, so the year-end total remained at 2.
For a prospective franchisee, this indicates the existing presence and stability of Annex Brands in New Mexico. While the number of outlets is relatively small, the fact that no outlets closed could be seen as a positive sign.
It's important to note that this data only reflects the number of outlets and does not provide information on their financial performance or market share. A potential franchisee should conduct further research to assess the viability of opening an Annex Brands franchise in New Mexico, including analyzing market demand, competition, and local economic conditions.