How many Auntie Annes outlets in Arkansas were operating at the start 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 | 6 | 1 | 0 | 0 | 0 | 0 | 7 | |
| Arkansas | 2022 | 7 | 0 | 1 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 1 | 0 | 0 | 0 | 5 |
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 7 Auntie Annes outlets operating in Arkansas at the start of 2022. This number reflects the shops open and operated by franchisees as of December 31, 2021. During 2022, no additional Auntie Annes locations opened in Arkansas, but one location was terminated, resulting in 6 outlets at the end of 2022.
For a prospective franchisee, this data indicates the existing market presence of Auntie Annes in Arkansas. It provides a sense of the brand's saturation and potential for growth within the state. The opening and closing of stores can reflect market dynamics and the success rate of franchisees.
It's important to note that these figures only account for franchised outlets and do not include any affiliate-owned locations. Additionally, the numbers do not include franchise agreements signed for shops that have not yet opened or were terminated before opening. A prospective franchisee should further investigate the reasons behind terminations to understand the challenges and opportunities in the Arkansas market.