In Massachusetts, how many Annex Brands outlets opened in 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 |
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 was one outlet opened in Massachusetts during 2024. The number of outlets at the start of 2024 was three, and after opening one location and one location ceasing operations for other reasons, the number of outlets at the end of the year was three.
It is important to note that while one new Annex Brands location opened in Massachusetts during 2024, one location also ceased operations for other reasons during that same year. This resulted in no net change in the total number of Annex Brands locations in Massachusetts during 2024.
Prospective franchisees should consider these figures in the context of their own business plans and market research. Understanding the dynamics of outlet openings and closures can help in assessing the stability and growth potential of the Annex Brands franchise in a specific region.