What was the number of Annex Brands outlet transfers in North Carolina during 2024?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | 
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, there is conflicting information regarding the number of outlet transfers in North Carolina during 2024. One excerpt from Item 20 indicates that there were three transfers in North Carolina during 2024. However, another excerpt from Item 20 indicates that there was only one transfer in North Carolina during 2024.
This discrepancy could be due to different reporting methods or the inclusion/exclusion of specific brands under the Annex Brands umbrella. It is important to note that the transfer data pertains to transfers from franchisees to new owners, excluding transfers to the franchisor or its affiliates.
Prospective franchisees should seek clarification from Annex Brands regarding these inconsistencies to gain a clearer understanding of the actual transfer activity in North Carolina. Understanding the reasons behind outlet transfers can provide valuable insights into the health and stability of the franchise system in that specific region.