Are there any approved suppliers in which any of Annex Brands' officers owns an interest?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
Except as otherwise stated in this disclosure document, in our Manuals, in writing or otherwise, you may purchase or lease these items from any source. There are no approved suppliers in which any of our officers owns an interest.
Source: Item 8 — Restrictions on Sources of Products and Services (FDD pages 39–43)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, none of its officers have ownership interest in any of the approved suppliers. This means that Annex Brands' leadership does not directly financially benefit from the franchisees' purchases from approved suppliers.
This arrangement is beneficial for prospective franchisees because it reduces the potential for conflicts of interest. Franchisees can be more confident that the approved suppliers are chosen based on the quality, price, and service they offer, rather than the personal financial gains of Annex Brands' officers. This promotes a fairer and more transparent relationship between the franchisor and its franchisees.
It is common practice in the franchise industry for franchisors to have approved suppliers to maintain brand consistency and quality control. However, it is not always the case that the franchisor's officers have no ownership interest in these suppliers. Therefore, this disclosure provides reassurance to potential Annex Brands franchisees regarding the impartiality of the supplier selection process.