What was the total number of Annex Brands transfers across all states in 2022?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number Of Transfers |
|---|---|---|
| 2023 | 1 | |
| 2024 | 4 | |
| OR | 2022 | 2 |
| 2023 | 2 | |
| 2024 | 1 | |
| PA | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 | |
| SC | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 1 | |
| TX | 2022 | 3 |
| 2023 | 5 | |
| 2024 | 7 | |
| VA | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| WA | 2022 | 3 |
| 2023 | 1 | |
| 2024 | 2 | |
| Total | 2022 | 46 |
| 2023 | 37 | |
| 2024 | 46 |
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, the total number of transfers across all states in 2022 was 46. This indicates the number of existing franchise locations that were sold or transferred to new owners during that year.
For a prospective franchisee, a high number of transfers could signal a dynamic market with opportunities to acquire existing businesses rather than starting from scratch. However, it could also raise questions about why so many franchisees are choosing to sell. A low number of transfers might suggest stability but could also mean fewer opportunities for buying an existing location.
It's important to note that transfer numbers alone don't tell the whole story. A prospective Annex Brands franchisee should investigate the reasons behind these transfers, such as franchisee retirement, relocation, or underperformance, to get a clearer picture of the health and stability of the franchise system.