How many Auntie Annes outlets opened in Pennsylvania 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 |
|---|---|---|---|---|---|---|---|---|
| 2021 | 113 | 3 | 3 | 0 | 0 | 0 | 113 | |
| Pennsylvania | 2022 | 113 | 6 | 2 | 0 | 0 | 0 | 117 |
| 2023 | 117 | 8 | 2 | 1 | 0 | 0 | 122 |
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 were 8 Auntie Anne's outlets opened in Pennsylvania during 2023. At the start of 2023, there were 117 outlets, and by the end of the year, there were 122. This suggests a net growth of 5 outlets in Pennsylvania during that year, taking into account closures or other changes.
For a prospective franchisee, this information indicates the level of growth and activity within the Auntie Anne's system in Pennsylvania. It can be useful to compare this growth rate with other states or regions to assess the brand's performance and market penetration in different areas. Understanding the number of openings, closures, and net changes can provide insights into the stability and potential of the Auntie Anne's franchise in a specific market.
It's important to note that the table also includes other factors that can affect the number of outlets, such as terminations, non-renewals, and re acquisitions by the franchisor. Reviewing these factors alongside the number of outlets opened can provide a more comprehensive understanding of the dynamics within the Auntie Anne's franchise system. This data helps potential franchisees evaluate the opportunities and challenges associated with investing in an Auntie Anne's franchise in Pennsylvania.