How many franchised Auntie Annes outlets were operating at the end of 2022?
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 | 1140 | 37 | 51 | 0 | 0 | 0 | 1126 | |
| Totals | 2022 | 1126 | 48 | 39 | 0 | 0 | 0 | 1135 |
| 2023 | 1135 | 58 | 30 | 7 | 0 | 0 | 1156 |
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, there were 1,135 franchised shops operating at the end of 2022. This number reflects the total outlets after accounting for new openings and terminations throughout the year.
Specifically, the table provided in Item 20 of the FDD details the changes in the number of franchised Auntie Annes shops from 2021 to 2023. For 2022, the table shows that there were 1,126 outlets at the start of the year, 48 new outlets opened, and 39 terminations occurred, resulting in a total of 1,135 outlets at the end of the year.
This information is crucial for potential franchisees as it provides a snapshot of the brand's overall footprint and stability. The 'Outlets at End of Year' figure indicates the net growth or decline in the number of operating franchises, which can be an indicator of the brand's performance and franchisee success. Reviewing these trends over several years, as presented in the table, offers a more comprehensive understanding of the franchise system's health.