What was the net change in the number of Auntie Annes total outlets during the year 2022?
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 Anne's 2024 Franchise Disclosure Document, the total number of Auntie Anne's outlets experienced a net increase of 8 locations during 2022. The total number of outlets at the start of 2022 was 1,138, which increased to 1,146 by the end of the year.
This information is crucial for potential franchisees as it provides a snapshot of the brand's growth and stability. A positive net change suggests that the franchise system is expanding, which can be an indicator of a healthy and attractive business model. However, it is important to consider this number in conjunction with other factors, such as the number of new openings versus closures, to get a more comprehensive understanding of the system's dynamics.
Prospective franchisees should also investigate the reasons behind outlet changes, such as terminations, non-renewals, or transfers, to assess the overall health of the franchise system. While a net increase is generally positive, understanding the components of that change is essential for making an informed investment decision.