What is the timeframe for the sales history that an Annex Brands franchisee must provide?

According to Annex Brands's 2025 Franchise Disclosure Document, a franchisee must furnish the company with a copy of the Center's sales history and customer database for the most recent two-year period. This requirement applies prior to the effective date of any transfer, or after the expiration, termination, or non-renewal of the franchise. If the Center has been operating for less than two years, the franchisee must provide the sales history for the shorter period that the business has been in operation.

This sales history and customer database is essential for Annex Brands to assess the performance of the franchise location. It also allows them to understand the customer base and sales trends, which is crucial for a smooth transition in case of a transfer or upon the end of the franchise agreement. This information helps Annex Brands maintain consistency and quality across its franchise network.

Furthermore, the franchisee is obligated to provide this information to Annex Brands at their request. The franchisee must also furnish evidence of compliance with these obligations within 30 days after the effective date of any transfer, or after the expiration, termination, or non-renewal of the Franchise. This ensures that Annex Brands receives the necessary documentation in a timely manner.