What was the net change in the number of company-owned Annex Brands outlets in 2024?
Annex_Brands Franchise · 2025 FDDAnswer 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 | |
| Total Outlets | 2022 | 301 | 305 | +4 |
| 2023 | 305 | 315 | +10 | |
| 2024 | 315 | 322 | +7 |
POSTALANNEX/POSTALANNEX+ RETAIL CENTERS
Transfers of Outlets From Franchisees to New Owners (Other Than Franchisor or an Affiliate) For 2022 to 2024
| State | Year | Number Of Transfers | |---|---|---| | CA | 2022 | 9 | | | 2023 | 12 | | | 2024 | 15 | | CO | 2022 | 1 | | | 2023 | 1 | | | 2024 | 0 | | ID | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 |
| State | Year | Number Of Transfers |
|---|---|---|
| IN | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| KY | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| NC | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 3 | |
| OR | 2022 | 2 |
| 2023 | 2 | |
| 2024 | 1 | |
| TX | 2022 | 1 |
| 2023 | 1 | |
| 2024 | 3 | |
| WA | 2022 | 2 |
| 2023 | 0 | |
| 2024 | 2 | |
| Total | 2022 | 16 |
| 2023 | 16 | |
| 2024 | 26 |
POSTALANNEX/POSTALANNEX+ RETAIL CENTERS
Status of Franchised Outlets For 2022 to 2024
| State | Year | Outlets At Start Of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired By Franchisor
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 company-owned outlets varies across its different retail center brands. For PostalAnnex/PostalAnnex+ Retail Centers, AIM Mail Retail Centers, Pak Mail Retail Centers, and Parcel Plus Retail Centers, the net change in company-owned outlets was 0 in 2024. For Sunshine Pack & Ship Retail Centers, the net change in company-owned outlets was also 0 in 2024.
Specifically, for Sunshine Pack & Ship Retail Centers, the number of company-owned outlets remained at 0 from the start to the end of 2024, resulting in a net change of 0. Similarly, for PostalAnnex/PostalAnnex+ Retail Centers, AIM Mail Retail Centers, Pak Mail Retail Centers, and Parcel Plus Retail Centers, the number of company-owned outlets remained at 0 throughout 2024, also resulting in a net change of 0.
For a prospective franchisee, this indicates that Annex Brands primarily focuses on franchising rather than operating company-owned stores. The stability in the number of company-owned outlets suggests a consistent approach to their business model across these different retail center brands. This may reflect a strategic decision to minimize capital investment in company-owned locations and instead rely on franchisees for expansion and market penetration.
It is important for potential franchisees to understand Annex Brands' strategy regarding company-owned stores, as it can influence the level of support, competition, and overall relationship between the franchisor and its franchisees. Further investigation into the reasons behind this approach and its impact on franchisee success would be beneficial for anyone considering investing in an Annex Brands franchise.