What was the net change in the number of total Annex Brands outlets during the year 2023?
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 | | GA | 2022 | 0 | | | 2023 | 1 | | | 2024 | 2 | | IN | 2022 | 0 | | | 2023 | 0 | | | 2024 | 2 | | MA | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 | | MI | 2022 | 1 | | | 2023 | 0 | | | 2024 | 1 | | NC | 2022 | 0 | | | 2023 | 1 | | | 2024 | 1 | | PA | 2022 | 0 | | | 2023 | 1 | | | 2024 | 1 | | SC | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | TX | 2022 | 1 | | | 2023 | 3 | | | 2024 | 4 |
| State VA WA Totals | Year | Number of Transfers |
|---|---|---|
| 2022 | 1 | |
| 2023 | 0 | |
| 2024 | 0 | |
| 2022 | 1 | |
| 2023 | 1 | |
| 2024 | 0 | |
| 2022 | 11 | |
| 2023 | 14 | |
| 2024 | 14 |
PAK MAIL 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 | Ceased Operations For Other Reasons | Outlets At End Of Year | |---|---|---|---|---|---|---|---|---| | AL | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | AR | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | AZ | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | CA | 2022 | 17 | 0 | 0 | 0 | 0 | 0 | 17 | | | 2023 | 17 | 0 | 0 | 0 | 0 | 0 | 17 | | | 2024 | 17 | 0 | 0 | 0 | 0 | 0 | 17 | | CO | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | | 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | | CT | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2024 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | FL | 2022 | 35 | 2 | 0 | 0 | 0 | 0 | 37 | | | 2023 | 37 | 0 | 0 | 0 | 0 | 0 | 37 | | | 2024 | 37 | 1 | 0 | 0 | 0 | 1 | 37 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| GA | 2022 | 16 | 1 | 0 | 0 | 0 | 0 | 17 |
| 2023 | 17 | 0 | 0 | 0 | 0 | 1 | 16 | |
| 2024 | 16 | 2 | 0 | 0 | 0 | 0 | 18 | |
| IL | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2024 |
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, the net change in the number of total outlets varies across different reporting groups. For one group of Annex Brands franchises, the total number of outlets decreased by 4 in 2023, going from 180 at the start of the year to 176 at the end of the year. Another group saw a decrease of 2 total outlets in 2023, with numbers falling from 44 to 42. However, a separate group of Annex Brands franchises experienced growth, with the total number of outlets increasing by 3, from 562 to 565 during 2023. Finally, another group saw an increase of 10 total outlets in 2023, with numbers going from 305 to 315. For another group of Annex Brands franchises, the total number of outlets remained the same at 21 in 2023. The total number of outlets remained the same at 3 in 2023 for another group of Annex Brands franchises. For another group of Annex Brands franchises, the total number of outlets decreased by 1 in 2023, going from 9 to 8. For another group of Annex Brands franchises, the total number of outlets remained the same at 0 in 2023. For another group of Annex Brands franchises, the total number of outlets remained the same at 1 in 2023.