How many Auntie Annes outlets were operating in South Carolina at the start of 2022?
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 | 17 | 0 | 1 | 0 | 0 | 0 | 16 | |
| South | 2022 | 16 | 0 | 0 | 0 | 0 | 0 | 16 |
| Carolina | 2023 | 16 | 0 | 0 | 0 | 0 | 0 | 16 |
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 16 Auntie Annes outlets operating in South Carolina at the beginning of 2022. During 2022, no additional locations were opened, and no locations closed. Therefore, the number of Auntie Annes stores in South Carolina remained constant throughout 2022.
This information is relevant for prospective franchisees as it provides a snapshot of Auntie Annes's existing market presence in South Carolina. A stable number of outlets might suggest a mature market with consistent performance. However, it could also indicate limited growth opportunities within the state.
Franchisees should further investigate the performance of existing Auntie Annes locations in South Carolina. Understanding factors such as average revenue, local market conditions, and competition could help them assess the potential for success if they were to open a new Auntie Annes franchise in South Carolina.