table_specific

Did any Annex Brands outlets in Pennsylvania close due to non-renewal during the period of 2022-2024?

Annex_Brands Franchise · 2025 FDD

Answer from 2025 FDD Document

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
AR 2022 1 0 0 0 0 0 1
2023 1 0 0 0 0 0 1
2024 1 0 0 0 0 0 1
AZ 2022 2 0 0 0 0

Source: Item 20 — Outlets and Franchisee Information (FDD pages 78–109)

What This Means (2025 FDD)

According to Annex Brands' 2025 Franchise Disclosure Document, there were no Annex Brands outlets in Pennsylvania that closed due to non-renewal between 2022 and 2024. The provided tables in Item 20 of the FDD detail outlet information, including openings, terminations, non-renewals, re acquisitions, and other reasons for closures.

Specifically, the tables list the number of outlets at the start of each year, any changes during the year, and the number of outlets at the end of the year. For Pennsylvania, the 'Non-Renewals' column consistently shows '0' for each year from 2022 to 2024 in all provided tables. This indicates that no Annex Brands franchises in Pennsylvania were closed due to non-renewal of their franchise agreements during this period.

This information is crucial for potential franchisees as it provides insight into the stability and renewal rates of existing franchises within specific states. A high number of non-renewals could indicate issues with franchisee profitability or franchisor-franchisee relations, while a consistent '0' suggests a stable franchise network in Pennsylvania.

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.