Did any Auntie Annes outlets in Alabama cease operations for 'other reasons' between 2021 and 2023?
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, no Auntie Anne's outlets in Alabama ceased operations for "other reasons" between 2021 and 2023. The FDD provides a table outlining outlet data by state, including the number of outlets that ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor.
Specifically, the table shows the following for Alabama: In 2021, there were 11 outlets at the start of the year, none opened, 1 termination, and no outlets ceased operations for other reasons, resulting in 10 outlets at the end of the year. In 2022, there were 10 outlets at the start of the year, 1 opened, no terminations, and no outlets ceased operations for other reasons, resulting in 11 outlets at the end of the year. In 2023, there were 11 outlets at the start of the year, none opened, 1 termination, and no outlets ceased operations for other reasons, resulting in 10 outlets at the end of the year.
This information is valuable for potential franchisees as it provides insight into the stability and performance of Auntie Anne's franchises in Alabama. The absence of outlets ceasing operations for "other reasons" may indicate a healthy franchise environment in the state. However, it is important to note that this data only covers the period from 2021 to 2023, and past performance is not necessarily indicative of future results. Prospective franchisees should conduct their own due diligence and consider other factors, such as market conditions and competition, before making an investment decision.