How many Aunt Millies Bakeries outlets were sold to franchisees in Illinois during 2024?
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, 11 outlets in Illinois were sold to franchisees. This can be found in the table summarizing outlet information. At the start of 2024, there were 38 outlets, and by the end of the year, there were 27.
This information is valuable for potential franchisees as it provides insight into the transfer of ownership within the Aunt Millies Bakeries system in Illinois. A high number of outlets being sold to franchisees could indicate a dynamic market with opportunities for growth or potential challenges in maintaining existing franchise locations.
Prospective franchisees should further investigate the reasons behind these transfers to understand the stability and potential risks associated with investing in an Aunt Millies Bakeries franchise in Illinois. Understanding the context behind these numbers is crucial for making an informed decision.