How many Auntie Annes outlets were open in Rhode Island at the end of 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 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | |
| Rhode Island | 2022 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
| 2023 | 4 | 0 | 0 | 0 | 0 | 0 | 4 |
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 4 outlets open in Rhode Island at the end of 2021. During 2021, 1 outlet was opened in Rhode Island. There were 3 Auntie Annes locations in Rhode Island at the start of 2021.
This information is valuable for potential franchisees as it provides a snapshot of Auntie Annes's presence and performance in Rhode Island. The opening of one store indicates some growth in the area. Reviewing this historical data helps a prospective franchisee understand the brand's establishment and trajectory in a specific market.
It's important to note that past performance doesn't guarantee future results. However, this data, combined with other market research and due diligence, can inform a franchisee's decision-making process. Understanding the number of openings, terminations, and closures can provide insights into the stability and potential of the Auntie Annes franchise in Rhode Island.