How many Auntie Annes outlets opened in Missouri during 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 |
|---|---|---|---|---|---|---|---|---|
| Missouri | 2022 | 22 | 0 | 0 | 0 | 0 | 0 | 22 |
| 2023 | 22 | 2 | 2 | 0 | 0 | 0 | 22 |
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 2 Auntie Annes outlets opened in Missouri during 2023. The table in Item 20 provides a detailed overview of outlet activity across various states. At the start of 2023, there were 22 outlets in Missouri. During the year, 2 new outlets were opened, while 2 were terminated, resulting in 22 outlets at the end of the year.
This information is valuable for potential franchisees as it offers insight into the brand's growth and stability within Missouri. The opening of 2 outlets suggests that Auntie Annes is expanding its presence in the state, which could indicate a positive market demand. However, the termination of 2 outlets during the same period may warrant further investigation to understand the reasons behind those closures.
A prospective franchisee should consider these factors when evaluating the opportunity in Missouri. Understanding the reasons for terminations, such as location issues or franchisee performance, can help in making a more informed decision. It's also important to assess the overall market conditions and competition in the area to gauge the potential for success. Reviewing the performance of existing Auntie Annes locations in Missouri and discussing these trends with the franchisor can provide a clearer picture of the opportunities and challenges involved.