table_specific

What was the net change in the number of company-owned Annex Brands outlets from 2022 to 2023?

Annex_Brands Franchise · 2025 FDD

Answer from 2025 FDD Document

Outlet Type Year Outlets At Start Of Year Outlets At End Of Year Net Change
Company-Owned 2022 0 0 0
2023 0 0 0
2024 0 0 0
Franchised 2022 44 44 0
2023 44 42 -2
2024 42 43 +1
Total Outlets 2022 44 44 0
2023 44 42 -2
2024 42 43 +1
Outlet Type Year Outlets At Start Of Year Outlets At End Of Year Net Change
Franchised 2022 21 21 0
2023 21 21 0
2024 21 21 0
Company-Owned 2022 0 0 0
2023 0 0 0
2024 0 0 0
Total Outlets 2022 21 21 0
2023 21 21 0
2024 21 21 0
Outlet Type Year Outlets at the Start of the Year Outlets at the End of the Year Net Change
Company Owned 2022 1 0 -1
2023 0 0 0
2024 0 0 0
Franchised 2022 181 180 -1
2023 180 176 -4
2024 176 171 -5
Total Outlets 2022 182 180 -2
2023 180 176 -4
2024 176 171 -5
Outlet Type Year Outlets At Start Of Year Outlets At End Of Year Net Change
Franchised 2022 3 3 0
2023 3 3 0
2024 3 2 -1
Company-Owned 2022 0 0 0
2023 0 0 0
2024 0 0 0
Total Outlets 2022 3 3 0
2023 3 3 0
2024 3 2 -1
Outlet Type Year Outlets At Start Of Year Outlets At End Of Year Net Change
Franchised 2022 9 9 0
2023 9 8 -1
2024 8 8 0
Company-Owned 2022 0 0 0
2023 0 0 0
2024 0 0 0
Total Outlets 2022 9 9 0
2023 9 8 -1
2024 8 8 0
Outlet Type Year Outlets At Start Of Year Outlets At End Of Year Net Change
Franchised 2022 559 562 +3
2023 562 565 +3
2024 565 567 +2
Company- 2022 1 0 -1
Owned
2023 0 0 0
2024 0 0 0
Total Outlets 2022 560 562 +2
2023 562 565 +3
2024 565 567 +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, the net change in the number of company-owned outlets varies across different retail center types. For AIM Mail Retail Centers, PostalAnnex/PostalAnnex+ Retail Centers, Pak Mail Retail Centers, and Handle With Care Packaging Store Retail Centers, the net change in company-owned outlets was 0 in 2022 and remained 0 in 2023. For Parcel Plus Retail Centers, the net change in company-owned outlets was also 0 in both 2022 and 2023. However, for Sunshine Pack & Ship Retail Centers, the number of company-owned outlets decreased by 1 in 2022 and remained at 0 in 2023, resulting in a net change of 0 from 2022 to 2023.

Prospective franchisees should note that Annex Brands primarily operates through franchised locations, with minimal company-owned presence. The stability in the number of company-owned stores for most retail center types suggests a consistent approach to company-owned operations. The decrease of one company-owned store in Sunshine Pack & Ship Retail Centers in 2022, with no change in 2023, could indicate a strategic shift away from direct company operation in that particular segment.

It is important for potential franchisees to understand the specific dynamics of each retail center type and how Annex Brands manages its company-owned versus franchised locations. This information can help in assessing the level of support and competition a franchisee might expect from the parent company in different markets. Franchisees should inquire about the strategic reasons behind maintaining or reducing company-owned stores in specific retail center categories to better understand the company's overall business strategy.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.