table_specific

How many affiliate-owned Auntie Annes outlets in Pennsylvania were sold to franchisees during 2022?

Auntie_Annes Franchise · 2024 FDD

Answer from 2024 FDD Document

State Year Outlets at Start of the Year Outlets Opened Outlets Reacquired From Franchisee Outlets Closed Outlets Sold to Franchisee Outlets at End of the Year
2021 9 0 0 0 0 9
Pennsylvania 2022 9 0 0 0 1 8
2023 8 0 0 0 0 8

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, one affiliate-owned outlet in Pennsylvania was sold to a franchisee during 2022. At the start of 2022, there were nine affiliate-owned Auntie Anne's locations in Pennsylvania. After the sale of one outlet to a franchisee, the year concluded with eight affiliate-owned locations in the state.

This information is valuable for potential franchisees as it provides insight into the transfer of existing Auntie Anne's locations from the affiliate to franchisees. It reflects the brand's strategy in Pennsylvania and indicates opportunities for acquiring established stores rather than solely focusing on new constructions.

Reviewing this data over several years can reveal trends in the brand's approach to affiliate-owned stores and franchisee relations. A consistent pattern of selling affiliate-owned stores might suggest a supportive environment for franchisees to expand their operations by acquiring existing locations.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.