How many Aunt Millies Bakeries outlets in Michigan were reacquired by the franchisor in 2023?
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, one outlet in Michigan was reacquired by the franchisor during 2023. This information is part of a broader overview of outlet status changes within the Aunt Millies Bakeries system. The FDD provides a detailed breakdown of outlet activities across different states and years.
This data is relevant for prospective franchisees as it offers insights into the stability and changes within the Aunt Millies Bakeries network. Reacquisitions can occur for various reasons, such as franchisee default, strategic realignment, or other business decisions. Understanding the frequency and reasons behind these reacquisitions can help a potential franchisee assess the risks and opportunities associated with investing in an Aunt Millies Bakeries franchise.
It's also important to note that Aunt Millies Bakeries often resells reacquired outlets to new distributors, as indicated by the "(+T)*" notation in the table. This practice suggests that while outlets may change hands, the business operations often continue under new management. Reviewing the complete Item 20 data, including terminations, transfers, and new openings, provides a comprehensive view of the franchise system's dynamics.