What was the net change in the number of franchised Annex Brands outlets during 2024?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change | |---|---|---|---|---| | Franchised | 2022 | 181 | 180 | -1 | | | 2023 | 180 | 176 | -4 | | | 2024 | 176 | 171 | -5 | | Company Owned | 2022 | 1 | 0 | -1 | | | 2023 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | | Total Outlets | 2022 | 182 | 180 | -2 | | | 2023 | 180 | 176 | -4 | | | 2024 | 176 | 171 | -5 |
PAK MAIL 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 | 3 |
| 2023 | 0 | |
| 2024 | 1 | |
| CO | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| CT | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| FL | 2022 | 3 |
| 2023 | 5 | |
| 2024 | 1 |
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 franchised outlets varies across different retail center types. For 'ALL RETAIL CENTERS', the information is not provided in a consolidated manner, but rather across several tables for different brands.
Specifically, for PostalAnnex/PostalAnnex+ retail centers, the net change in franchised outlets during 2024 was -5, with 176 outlets at the start of the year and 171 at the end. For Pak Mail retail centers, the net change was +1, increasing from 42 to 43 franchised outlets. AIM Mail retail centers experienced a net change of +7, growing from 315 to 322 outlets. Handle With Care Packaging Store retail centers saw a net decrease of -1, going from 3 to 2 outlets. Parcel Plus retail centers remained unchanged with a net change of 0, staying at 21 outlets. Finally, other franchised outlets saw a net change of 0, remaining at 8 outlets, while another group saw an increase of +2, moving from 565 to 567 outlets.
Prospective franchisees should note that Annex Brands includes multiple brands and the performance of one brand does not necessarily predict the performance of another. The overall change in franchised outlets reflects the sum of these individual changes. A potential franchisee should carefully consider which brand they are investing in and review the specific performance data for that brand.