What was the net change in the number of Auntie Annes outlets in Alabama between the start and end 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 | 11 | 0 | 1 | 0 | 0 | 0 | 10 | |
| Alabama | 2022 | 10 | 1 | 0 | 0 | 0 | 0 | 11 |
| 2023 | 11 | 0 | 1 | 0 | 0 | 0 | 10 |
Source: Item 20 — OUTLETS AND FRANCHISE INFORMATION (FDD pages 95–105)
What This Means (2024 FDD)
According to Auntie Anne's 2024 Franchise Disclosure Document, the net change in the number of Auntie Anne's outlets in Alabama during 2022 was an increase of one. At the start of 2022, there were 10 Auntie Anne's locations in Alabama. During 2022, one new Auntie Anne's location was opened. There were no terminations, non-renewals, re acquisitions by the franchisor, or other reasons for ceased operations. Consequently, at the end of 2022, there were 11 Auntie Anne's locations in Alabama.
For a prospective franchisee, this indicates a slight expansion of Auntie Anne's presence in Alabama during 2022. While not a large increase, the opening of a new location suggests some growth and potential opportunity in the state. It is important to note that past performance does not guarantee future results, and franchisees should conduct their own market research to assess the viability of opening an Auntie Anne's location in Alabama.
It is also worth noting that the provided table includes data on terminations, non-renewals, re acquisitions, and other reasons for ceased operations. The absence of any entries in these categories for Alabama in 2022 suggests a stable market with no store closures for those reasons. This could be a positive sign for potential franchisees, indicating a lower risk of store closure compared to other states or markets.