How many Auntie Annes outlets in California 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 | 113 | 3 | 3 | 0 | 0 | 0 | 113 | |
| Pennsylvania | 2022 | 113 | 6 | 2 | 0 | 0 | 0 | 117 |
| 2023 | 117 | 8 | 2 | 1 | 0 | 0 | 122 |
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 3 terminations of Auntie Annes outlets in California during the year 2021. At the start of 2021, there were 113 Auntie Annes locations, 3 locations opened, and after the terminations, there were 113 locations at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Auntie Annes franchises in California. A high number of terminations could indicate underlying issues with the market, franchisor support, or franchisee profitability. Conversely, a low number, as seen here, suggests a stable franchise system.
It's important to note that terminations are just one factor to consider when evaluating a franchise opportunity. Prospective franchisees should also look at the number of new openings, non-renewals, and transfers to get a complete picture of franchise activity. Additionally, speaking with current and former franchisees can provide valuable context and insights into the reasons behind terminations or other changes in outlet status.