How many company-owned Aunt Millies Bakeries outlets were reacquired from franchisees in Michigan during 2024?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers | |---|---|---| | Illinois | 2022 | 6 | | | 2023 | 7 | | | 2024 | 11 | | Indiana | 2022 | 0 | | | 2023 | 0 | | | 2024 | 2 | | Kentucky | 2022 | 0 | | | 2023 | 0 | | | 2024 | 8 | | Michigan | 2022 | 0 | | | 2023 | 1 | | | 2024 | 2 | | Ohio | 2022 | 4 | | | 2023 | 5 | | | 2024 | 1 | | Totals | 2022 | 10 | | | 2023 | 13 | | | 2024 | 24 | Table No. 3 Status Franchised Outlets For years 2022 to 2024 (Figures are as of September 30)
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Termina tions | Col. 6 Non- Renewals | Col. 7 Reacquired by Franchisor | Col. 8 Ceased Operations Other Reasons | Col.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 38–42)
What This Means (2025 FDD)
According to Aunt Millies Bakeries' 2025 Franchise Disclosure Document, two outlets in Michigan were reacquired by the franchisor during 2024. This information is based on the status of company-owned outlets as of September 30, 2024.
This data point is important for prospective franchisees as it provides insight into the stability and performance of Aunt Millies Bakeries outlets in Michigan. Reacquisitions can occur for various reasons, such as franchisee underperformance or strategic decisions by the company. Understanding the reasons behind these reacquisitions can help a potential franchisee assess the risks and opportunities associated with investing in a franchise in that specific region.
It's also worth noting that the FDD includes additional data on outlet openings, terminations, non-renewals, and closures, which can provide a more comprehensive view of the franchise system's dynamics. Reviewing these trends over the three-year period (2022-2024) can offer valuable context for evaluating the overall health and growth potential of an Aunt Millies Bakeries franchise.