How many Auntie Annes outlets were reacquired by the franchisor in Illinois 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 | 45 | 1 | 3 | 0 | 0 | 0 | 43 | |
| Illinois | 2022 | 43 | 0 | 1 | 0 | 0 | 0 | 42 |
| 2023 | 42 | 2 | 1 | 0 | 0 | 0 | 43 |
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 no Auntie Annes stores reacquired by the franchisor in Illinois during 2021. The provided table outlines outlet information by state and year, including details on openings, terminations, non-renewals, re acquisitions, and closures.
Specifically, for Illinois in 2021, the table indicates that there were 45 outlets at the start of the year, with 1 outlet opening and 3 terminations. The number of outlets reacquired by Auntie Annes is listed as 0. This means that no existing franchised locations in Illinois were taken back under corporate control during that year.
Prospective franchisees can use this information to understand the stability and changes within the Auntie Annes franchise system in specific states. A reacquisition could signal various factors, such as underperforming stores or strategic shifts by the franchisor, but in Illinois during 2021, this was not a factor.