How many Annex Brands outlets were sold to franchisees in Florida during 2022?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets At Start Of Year | Outlets Opened | Outlets Re- Acquired From Franchisees | Outlets Closed | Outlets Sold To Franchisees | Outlets At End Of Year |
|---|---|---|---|---|---|---|---|
| FL | 2022 | 1 | 0 | 0 | 0 | 1 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total | 2022 | 1 | 0 | 0 | 0 | 1 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 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, one Annex Brands outlet in Florida was sold to a franchisee during 2022. The table provided in Item 20 includes information about the number of outlets at the start of the year, outlets opened, outlets re-acquired from franchisees, outlets closed, outlets sold to franchisees, and outlets at the end of the year for each state.
Specifically, for Florida in 2022, the table shows that there was one outlet at the start of the year, zero outlets opened, zero outlets re-acquired from franchisees, zero outlets closed, one outlet sold to franchisees, and zero outlets at the end of the year. This indicates that one existing Annex Brands location was transferred to a new franchisee during that year.
It is important to note that this data reflects only the transfer of existing outlets to new franchisees and does not include the opening of new locations. Prospective franchisees should consider this information in the context of overall franchise growth and stability within the state of Florida. Reviewing the trends in outlet transfers, openings, and closures over multiple years can provide a more comprehensive understanding of the franchise network's dynamics.