In 2021, how many Auntie Annes outlets in Missouri were terminated?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Termin ations | Non Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| 2021 | 24 | 1 | 3 | 0 | 0 | 0 | 22 | |
| Missouri | 2022 | 22 | 0 | 0 | 0 | 0 | 0 | 22 |
| 2023 | 22 | 2 | 2 | 0 | 0 | 0 | 22 |
Source: Item 20 — OUTLETS AND FRANCHISE INFORMATION (FDD pages 95–105)
What This Means (2024 FDD)
According to Auntie Anne's 2024 Franchise Disclosure Document, there was one termination of an Auntie Anne's outlet in Missouri during the year 2021. At the start of 2021, there were 24 Auntie Anne's locations in Missouri. During that year, one new location was opened, and three terminations occurred, resulting in 22 locations by the end of the year.
For a prospective franchisee, this data indicates the stability and turnover of Auntie Anne's franchises within Missouri. A single termination out of 24 locations suggests a relatively stable market presence, though it's essential to understand the reasons behind the termination to assess any potential risks.
It is important to note that terminations can occur for various reasons, including franchisee non-compliance, financial difficulties, or mutual agreement. Investigating the specific reasons for terminations and openings can provide valuable insights into the health and sustainability of Auntie Anne's franchises in Missouri.