How many Auntie Annes outlets ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor in Idaho during 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 | 2 | 1 | 0 | 0 | 0 | 0 | 3 | |
| Idaho | 2022 | 3 | 0 | 2 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 2 | 0 | 0 | 0 | 0 | 3 |
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 were zero Auntie Anne's outlets in Idaho that ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2022.
The table provided in Item 20 of the FDD outlines outlet data, including openings, terminations, non-renewals, re acquisitions and other reasons for closures. For Idaho in 2022, the 'Ceased Operations - Other Reasons' column shows a value of 0. This means no Auntie Anne's locations in Idaho closed for reasons outside of the typical categories like franchise agreement terminations or non-renewals.
For a prospective franchisee, this indicates stability in the Idaho market, at least for the year 2022. It suggests that closures are primarily due to standard franchise lifecycle events rather than unforeseen external factors. However, it is important to consider this data in conjunction with other years and factors to gain a comprehensive understanding of the market's health and potential risks.