How many Auntie Annes outlets opened in Arkansas during 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 | 1 | 0 | 0 | 0 | 0 | 7 | |
| Arkansas | 2022 | 7 | 0 | 1 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 1 | 0 | 0 | 0 | 5 |
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 was one outlet opened in Arkansas during 2021. The table provided in Item 20 details the number of franchise locations that opened, terminated, or ceased operations for various reasons. It is important to note that these numbers reflect shops opened and operated by franchisees as of December 31, 2021.
This information is valuable for potential franchisees as it provides insight into the brand's growth and stability within specific states. Monitoring the number of openings, terminations, and closures can help assess the overall health and attractiveness of the franchise in a particular region.
Prospective franchisees should further investigate the reasons behind any terminations or closures to gain a deeper understanding of the market dynamics and potential challenges in Arkansas. This due diligence can inform their decision-making process and help them prepare for the realities of operating an Auntie Anne's franchise in that state.