How many Auntie Annes franchises in Indiana were terminated in 2021?
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 | 23 | 0 | 1 | 0 | 0 | 0 | 22 | |
| Indiana | 2022 | 22 | 0 | 0 | 0 | 0 | 0 | 22 |
| 2023 | 22 | 0 | 0 | 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 Auntie Anne's franchise in Indiana that was terminated in 2021. The table provided in Item 20 of the FDD outlines the number of franchise terminations, non-renewals, re acquisitions by the franchisor, and instances of ceased operations for other reasons. This information is presented on a state-by-state basis for the years 2021, 2022, and 2023.
For a prospective franchisee, this data offers insight into the stability and health of the Auntie Anne's franchise system within specific states. A higher number of terminations could indicate potential issues with franchisee success or franchisor-franchisee relations. Conversely, a low number of terminations, as seen in Indiana for 2021, might suggest a more stable and supportive environment.
It is important to note that terminations can occur for various reasons, including franchisee non-compliance with brand standards, financial difficulties, or mutual agreement between the franchisee and Auntie Anne's. Reviewing this data in conjunction with other factors, such as the number of new outlets opened and the overall financial performance of franchises, can provide a more comprehensive understanding of the franchise system's dynamics.