table_specific

How many Auntie Annes franchise agreements were signed in Alabama, where the outlet was not yet opened?

Auntie_Annes Franchise · 2024 FDD

Answer from 2024 FDD Document

State Agreements Signed
But Outlet Not
Opened
Alabama 2

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, two franchise agreements were signed in Alabama for outlets that were not yet opened. This information is based on the data collected up to the end of the fiscal year.

This means that as of the FDD's reporting date, two individuals or entities had signed agreements to open Auntie Annes locations in Alabama but had not yet commenced operations. These future franchisees are in the process of securing locations, completing build-outs, training staff, or fulfilling other pre-opening requirements.

Prospective franchisees should be aware that the number of signed agreements that have not yet opened can indicate the brand's growth trajectory and market penetration strategy. It is important to note that delays in opening can occur due to various factors such as permitting issues, construction delays, or financing challenges. Therefore, it is advisable to inquire about the typical timeframe between signing an agreement and opening an Auntie Annes location in Alabama to better understand the potential timeline and associated challenges.

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.