What was the total number of Annex Brands franchise transfers in Idaho during 2022?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number Of Transfers |
|---|---|---|
| CA | 2022 | 9 |
| 2023 | 12 | |
| 2024 | 15 | |
| CO |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 78–109)
What This Means (2025 FDD)
According to Annex Brands's 2025 Franchise Disclosure Document, there was one franchise transfer in Idaho during 2022. This information is crucial for potential franchisees to understand the stability and turnover of franchises within specific regions. A higher number of transfers could indicate market challenges or franchisee dissatisfaction, while a lower number might suggest stability and success.
Specifically, the FDD provides a table that breaks down the number of franchise transfers by state and year. For Idaho, the table indicates '1' transfer in 2022. This data point helps prospective franchisees gauge the health and desirability of owning an Annex Brands franchise in Idaho compared to other states.
It is important to note that franchise transfers do not necessarily reflect negatively on the franchise system. Transfers can occur for various reasons, including retirement, relocation, or a franchisee's desire to pursue other business ventures. However, it is advisable for potential franchisees to investigate the reasons behind any transfers in their target area to make an informed decision about their investment.