In 2023, how many Auntie Annes outlets in Pennsylvania were not renewed?
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 | 113 | 3 | 3 | 0 | 0 | 0 | 113 | |
| Pennsylvania | 2022 | 113 | 6 | 2 | 0 | 0 | 0 | 117 |
| 2023 | 117 | 8 | 2 | 1 | 0 | 0 | 122 |
Source: Item 20 — OUTLETS AND FRANCHISE INFORMATION (FDD pages 95–105)
What This Means (2024 FDD)
According to Auntie Annes's 2024 Franchise Disclosure Document, in 2023, one outlet in Pennsylvania was not renewed. This means that the franchisee chose not to extend their franchise agreement at the end of its term.
Non-renewal can occur for various reasons, such as the franchisee deciding to retire, pursue other business ventures, or if they were unable to reach an agreement with Auntie Annes on the terms of a new franchise agreement. It's important to note that a non-renewal does not necessarily indicate poor performance of the outlet; it simply means the franchise agreement was not extended.
For a prospective Auntie Annes franchisee, understanding the reasons behind non-renewals in specific states can provide valuable insights. It would be prudent to discuss with the franchisor the factors that contribute to non-renewals and the support they offer to ensure franchisees are successful and willing to renew their agreements. Investigating the history and performance of existing Auntie Annes locations in Pennsylvania could offer further context.