What was the net change in the number of company-owned Aunt Millies Bakeries outlets during 2024?

According to Aunt Millies Bakeries's 2025 Franchise Disclosure Document, the net change in the number of company-owned outlets during 2024 was -43. This means that Aunt Millies Bakeries had 43 fewer company-owned outlets at the end of 2024 than it did at the beginning of the year. At the start of 2024, Aunt Millies Bakeries had 391 company-owned outlets, and by the end of the year, that number decreased to 348.

This decrease in company-owned outlets could be due to several factors, such as closures, sales to franchisees, or consolidation of routes. It's important to note that the numbers provided in the FDD are as of September 30th, so the actual year-end figures may vary slightly. A prospective franchisee should inquire about the reasons for this decrease to better understand the company's strategy and the overall health of its company-owned operations.

Understanding the dynamics between franchised and company-owned outlets is crucial for potential franchisees. A significant decrease in company-owned stores could signal a strategic shift towards franchising, or it could indicate challenges in the company's own operations. Therefore, further investigation into the performance and changes within both the franchised and company-owned sectors is advisable for anyone considering investing in an Aunt Millies Bakeries franchise.