What was the net change in the number of company-owned Aunt Millies Bakeries outlets during 2022?
Aunt_Millies_Bakeries Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet* Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 165 | 165 | 0 |
| 2023 | 165 | 170 | +5 | |
| 2024 | 170 | 154 | -16 | |
| Company- | 2022 | 431 | 376 | -55 |
| Owned | ||||
| 2023 | 376 | 391 | +15 | |
| 2024 | 391 | 348 | -43 | |
| Total Outlets | 2022 | 596 | 541 | -55 |
| 2023 | 541 | 561 | +20 | |
| 2024 | 561 | 502 | -59 |
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, the net change in the number of company-owned outlets during 2022 was a decrease of 55. At the start of 2022, Aunt Millies Bakeries had 431 company-owned outlets, which decreased to 376 by the end of the year. This decrease reflects a significant adjustment in the company-owned operations during that period.
For a prospective franchisee, this information highlights the dynamic nature of Aunt Millies Bakeries's outlet network. The decrease in company-owned stores could signal a strategic shift towards more franchised operations or could be due to closures or consolidations. Understanding the reasons behind this change is crucial for franchisees to assess the stability and growth potential of the franchise system.
It is important to note that these figures are as of September 30th, so the full year's data might show slightly different numbers. A potential franchisee should inquire about the reasons for the decrease in company-owned outlets and how this trend might affect their investment and operational strategies. Further investigation into Aunt Millies Bakeries's long-term plans for company-owned versus franchised outlets would provide a clearer picture of the franchise's direction.