What was the total number of company-owned Annex Brands outlets opened across all states in 2022?

According to Annex Brands's 2025 Franchise Disclosure Document, across all states, there were zero company-owned outlets opened in 2022. The table provides a breakdown of outlet activity, showing that the number of company-owned Annex Brands locations remained at zero throughout 2022. There were no outlets opened, reacquired from franchisees, closed, or sold to franchisees during that year. The number of company-owned outlets at the start and end of 2022 was zero.

This information is crucial for potential franchisees as it indicates Annex Brands's strategy regarding company-owned versus franchised locations. The fact that no company-owned stores opened could suggest a preference for franchise-led expansion. It could also reflect Annex Brands's confidence in its franchise model or a decision to focus capital on supporting franchisees rather than opening company-owned stores.

Prospective franchisees should consider this information in the context of Annex Brands's overall growth strategy and market presence. Understanding why Annex Brands has not opened company-owned stores can provide insights into the company's priorities and the level of support franchisees can expect. It is also worth exploring whether this trend is consistent across all regions or if there are specific markets where Annex Brands might consider opening company-owned locations in the future.