How many Annex Brands outlets were operating in North Carolina at the end of 2024?
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 |
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 17 outlets operating in North Carolina at the end of 2024. The table provided in Item 20 of the FDD details the changes in outlet numbers over the past three years.
Specifically, for North Carolina in 2024, there were 15 outlets at the start of the year and 2 outlets opened during the year. There were no terminations, non-renewals or re acquisitions by the franchisor. There was also one outlet that ceased operations for other reasons. This resulted in a total of 17 outlets at the end of 2024.
Prospective franchisees can use this information to understand the recent growth and changes in the number of Annex Brands locations in North Carolina. This data can be useful in assessing the brand's performance and stability in the state. It is important to note that past performance does not guarantee future results, but it can provide valuable insights for making informed decisions.