How many Auntie Annes outlets in Arizona experienced non-renewal of their franchise agreement 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 | 8 | 0 | 2 | 0 | 0 | 0 | 6 | |
| Arizona | 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 1 | 0 | 0 | 0 | 0 | 7 |
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 2021, none of the Auntie Annes outlets in Arizona experienced non-renewal of their franchise agreement. The provided table in Item 20 outlines outlet information by state and year, including details on openings, terminations, non-renewals, re acquisitions, and closures.
Specifically, the table shows that for Arizona in 2021, there were 8 outlets at the start of the year. During that year, there were 2 terminations and no non-renewals. This resulted in 6 outlets at the end of the year.
For a prospective franchisee, this data indicates the stability of Auntie Annes franchises in Arizona. The absence of non-renewals suggests that franchisees are generally satisfied with their agreements and choose to continue operating their businesses. However, the terminations indicate that some locations did not continue, which could be due to various factors such as performance issues or mutual agreement to end the franchise agreement.