What was the net change in the number of franchised Auntie Annes outlets during 2022?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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 |
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, the net change in the number of franchised outlets during 2022 was an increase of 9 locations. At the start of 2022, there were 1,126 franchised Auntie Annes outlets. By the end of 2022, this number had increased to 1,135.
It is important to note that these figures only account for shops that were open and operated by franchisees as of December 31, 2022. The numbers do not include franchise agreements that were signed for shops that had not yet opened, or agreements that were terminated before the shop's opening.
Prospective franchisees should consider these figures in the context of their own business plans and market research. While a net increase in franchised locations can be a positive sign, it is essential to understand the factors driving this growth and to assess the potential for success in their specific target market.