In 2024, how many Aunt Millies Bakeries outlets in Illinois were reacquired by the franchisor?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col.1 State | Col. 2 Year | Col. 3 Outlets at Start of the Year | Col. 4 Outlets Opened | Col. 5 Outlets Reacquired From Franchisee | Col. 6 Outlets Closed | Col. 7 Outlets Sold to Franchise | Col. 8 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Illinois | 2022 | 40 | 1 | 2 | 7 | 1 | 35 |
| 2023 | 35 | 2 | 3 | 1 | 1 | 38 | |
| 2024 | 38 | 0 | 1 | 1 | 11 | 27 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 38–42)
What This Means (2025 FDD)
According to Aunt Millies Bakeries's 2025 Franchise Disclosure Document, in 2024, the company reacquired 1 outlet in Illinois. This information is based on the status of company-owned outlets as of September 30, 2024. The FDD provides a table outlining the status of company-owned outlets for the years 2022 to 2024.
For a prospective franchisee, this data indicates the rate at which Aunt Millies Bakeries reacquires outlets in Illinois. This could be due to various reasons, such as franchisee default, strategic realignment, or other business decisions. Understanding the reasons behind these re acquisitions can provide valuable insight into the stability and management of outlets in Illinois.
It is important to note that while one outlet was reacquired, eleven outlets were sold to franchisees in Illinois during 2024. This suggests a dynamic market where Aunt Millies Bakeries is actively involved in both acquiring and transferring outlets. A potential franchisee should investigate the reasons for re acquisitions and sales to fully understand the market dynamics in Illinois.