How many Auntie Annes outlets in Nevada experienced terminations in 2023?
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 | 3 | 0 | 1 | 0 | 0 | 0 | 2 | |
| Alaska | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISE INFORMATION (FDD pages 95–105)
What This Means (2024 FDD)
According to Auntie Annes' 2024 Franchise Disclosure Document, there were no terminations of Auntie Annes outlets in Nevada during 2023. The provided table outlines outlet data, including terminations, across various states and years.
The table shows that for Nevada in 2023, there were 2 outlets at the start of the year, no outlets opened, and no terminations. This means all Auntie Annes locations in Nevada remained operational throughout 2023, with no franchise agreements being terminated by either the franchisee or Auntie Annes.
Prospective franchisees should note that while no terminations occurred in Nevada during 2023, this doesn't guarantee similar performance in the future. Factors such as economic conditions, local market dynamics, and franchisee performance can influence termination rates. Reviewing historical data and understanding the reasons behind terminations in other states can provide a more comprehensive understanding of potential risks.