What was the total number of Aunt Millies Bakeries outlets at the start of 2024?
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, at the start of 2024, there were a total of 561 outlets. This number includes both franchised and company-owned outlets. Specifically, there were 170 franchised outlets and 391 company-owned outlets at the beginning of 2024.
For a prospective franchisee, this information provides a snapshot of the Aunt Millies Bakeries network size and composition. It shows the relative proportion of franchised versus company-owned locations, which can offer insights into the company's overall business strategy. A higher number of company-owned stores might indicate a greater degree of control and direct involvement by the franchisor, while a larger number of franchised locations could suggest a focus on expansion through franchising.
It is important to note that the number of outlets can fluctuate over time, as evidenced by the changes in outlet numbers between 2022 and 2024. The FDD shows a net decrease of 59 total outlets during 2024. Monitoring these trends can help a potential franchisee assess the stability and growth potential of the Aunt Millies Bakeries franchise system. Understanding the reasons behind these changes, such as closures, acquisitions, or new openings, is crucial for making an informed investment decision.