table_specific

How many total Auntie Annes outlets were operating at the start of 2023?

Auntie_Annes Franchise · 2024 FDD

Answer from 2024 FDD Document

ETS AND FRANCHISE INFORMATION**

Table No. 1 Systemwide Outlet Summary For Years 2021 to 2023

Outlet Type Year Outlets at the Start of the Year Outlets at the End of the Year Net Change
2021 1140 1126 -14
Franchised 2022 1126 1135 +9
2023 1135 1156 +21
2021 12 12 +0
Affiliate-Owned 2022 12 11 +1
2023 11 11 +0

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

**Table No.

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 a total of 1,146 outlets operating at the start of 2023. This number reflects the combined total of both franchised and affiliate-owned locations.

Specifically, the FDD provides a breakdown of these numbers. At the beginning of 2023, there were 1,135 franchised Auntie Annes outlets and 11 affiliate-owned outlets. The franchise outlets increased to 1,156 by the end of 2023, showing a net increase of 21 franchised locations. The number of affiliate-owned locations remained constant throughout the year.

It is important to note that these figures only include shops that were open and operating as of December 31, 2023. The numbers do not account for signed franchise agreements for shops that had not yet opened or agreements that were terminated before the shop's opening. This distinction is crucial for prospective franchisees to understand the actual number of operating Auntie Annes locations.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.