What was the total number of Annex Brands franchise transfers in Indiana from 2022 to 2024?

According to Annex Brands' 2025 Franchise Disclosure Document, there was a total of 3 franchise transfers in Indiana from 2022 to 2024. Specifically, there were zero transfers in 2022, zero in 2023, and 3 in 2024. This information is crucial for prospective franchisees to understand the stability and turnover of franchises within a specific region. A higher number of transfers might indicate issues with profitability or franchisee satisfaction, while a lower number could suggest stability.

Franchise transfers occur when an existing franchisee sells their business to a new owner. These transfers can be influenced by various factors, including the performance of the franchise, local market conditions, and the personal circumstances of the franchisee. For a potential Annex Brands franchisee, understanding the reasons behind transfers in their target area can provide valuable insights into the challenges and opportunities they might face. Investigating the context behind these transfers, such as speaking with former and current franchisees, can offer a deeper understanding.

It's important to note that franchise transfers are a normal part of the franchise lifecycle. They don't necessarily indicate a problem with the franchise system. However, it is essential for prospective franchisees to conduct thorough due diligence to understand the reasons behind any transfers in their desired location. This due diligence should include reviewing the franchise agreement, speaking with existing franchisees, and analyzing the financial performance of the franchise. Understanding these factors can help a prospective franchisee make an informed decision about investing in an Annex Brands franchise.