How many Auntie Annes outlets were operating in Hawaii at the start 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 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| Hawaii | 2022 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
| 2023 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
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 5 franchised outlets operating in Hawaii at the start of 2021. The FDD provides a detailed table outlining the status of franchised outlets for the years 2021 to 2023, offering a clear view of outlet counts at the beginning and end of each year, as well as changes due to openings, terminations, non-renewals, re acquisitions by the franchisor, and other reasons for ceased operations.
For a prospective franchisee, this information is valuable in understanding the brand's presence and stability in specific markets. The Hawaii market remained consistent with 5 outlets throughout the period of 2021-2023. This data helps potential franchisees gauge market saturation and growth potential in Hawaii.
It is important to note that these figures only reflect franchised outlets and do not include any affiliate-owned locations. Additionally, the numbers account for shops that were open and operating as of December 31st of each year, excluding locations under franchise agreements that had not yet opened or were terminated before opening. Therefore, further due diligence, including direct communication with the franchisor, is advisable to gain a comprehensive understanding of market dynamics and future development plans for Auntie Annes in Hawaii.