How many Auntie Annes outlets in Mississippi ceased operations for other reasons 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 | 6 | 0 | 1 | 0 | 0 | 0 | 5 | |
| Mississippi | 2022 | 5 | 1 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 0 | 0 | 0 | 0 | 6 |
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, in 2021, there were zero Auntie Anne's outlets in Mississippi that ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor. The provided table tracks the number of outlets at the start of the year, outlets opened, terminations, non-renewals, reacquired by the franchisor, ceased operations for other reasons, and outlets at the end of the year for each state.
For a prospective franchisee, this data indicates the stability and performance of Auntie Anne's franchises in Mississippi. The absence of closures due to 'other reasons' might suggest a healthy market or strong franchise support in that state during 2021.
However, it is important to consider this data in the context of overall economic conditions and specific local factors in Mississippi. A single year's data may not be fully representative of long-term trends. Reviewing multiple years and comparing Mississippi to other states can provide a more comprehensive understanding of franchise performance. Additionally, prospective franchisees should inquire with Auntie Anne's about the specific reasons categorized as 'other reasons' to fully understand what factors could lead to such closures.