How many Auntie Annes total outlets were operating at the end of 2021?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Year | Outlets at the Start | Outlets at the End | Net Change |
|---|---|---|---|---|
| of the Year | of the Year | |||
| 2021 | 1152 | 1138 | -14 | |
| Total Outlets | 2022 | 1138 | 1146 | +8 |
| 2023 | 1146 | 1167 | +21 |
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 1,138 total outlets operating at the end of 2021. This number reflects the net change of -14 outlets during that year, starting with 1,152 outlets at the beginning of 2021.
For a prospective franchisee, this indicates the overall size and slight contraction of the Auntie Annes system during 2021. It's important to note that this total includes both franchised and affiliate-owned locations. A decrease in the number of total outlets could be a concern, prompting further investigation into the reasons behind the net loss of 14 locations.
Understanding the dynamics behind outlet changes, such as terminations, non-renewals, or re acquisitions by the franchisor, is crucial for assessing the stability and growth potential of the Auntie Annes franchise system. A potential franchisee should inquire about the reasons for the closures and the overall health of the existing franchise network.