table_specific

What was the total net change in the number of Auntie Annes outlets (franchised and affiliate-owned) during 2021?

Auntie_Annes Franchise · 2024 FDD

Answer 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 Annes's 2024 Franchise Disclosure Document, the total net change in the number of Auntie Annes outlets, including both franchised and affiliate-owned locations, was a decrease of 14 units during 2021. This means that the brand experienced a net reduction in its total number of operating stores during that year.

Specifically, the FDD indicates that the number of franchised outlets experienced a net change of -14 locations, while the affiliate-owned outlets remained unchanged with a net change of +0 locations. The total number of Auntie Annes outlets at the start of 2021 was 1,152, which decreased to 1,138 by the end of the year.

For a prospective franchisee, this information highlights the importance of understanding the factors that contribute to outlet closures or non-renewals. While a net decrease in outlets does not necessarily indicate a failing franchise system, it warrants further investigation into the reasons behind the closures and the overall health and stability of the Auntie Annes brand.

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.