How many Annex Brands outlets were operating in Washington 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 |
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 10 outlets operating in Washington at the start of 2022. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For a prospective franchisee, this information is useful in understanding the historical growth and stability of Annex Brands in Washington. Seeing that the number of outlets remained constant at 10 from 2022 through 2024 suggests a stable market presence. This could indicate a well-established customer base and brand recognition in the state.
However, the lack of growth (no new outlets opened) during this period might also suggest limited opportunities for expansion or specific market challenges in Washington. It would be prudent for a potential franchisee to investigate the reasons behind the lack of growth and assess the current market conditions before investing in an Annex Brands franchise in Washington.