What was the total number of Auntie Annes outlets in Arizona at the end of 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 | 8 | 0 | 2 | 0 | 0 | 0 | 6 | |
| Arizona | 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 1 | 0 | 0 | 0 | 0 | 7 |
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, there were 7 outlets in Arizona at the end of 2023. At the start of 2023, there were 6 Auntie Annes outlets. During 2023, 1 new Auntie Annes location opened in Arizona. There were no terminations, non-renewals, re acquisitions by the franchisor, or ceased operations for other reasons. This resulted in a total of 7 Auntie Annes locations in Arizona at the close of 2023.
This information is valuable for potential franchisees as it provides insight into the brand's presence and growth in Arizona. A growing number of outlets can indicate a healthy market and brand popularity, while closures might raise concerns about the business environment. Reviewing these trends over several years, as presented in the table, offers a more comprehensive understanding of the brand's performance in the state.
It is important to note that past performance does not guarantee future results. However, this data can help prospective franchisees assess the potential market and competition in Arizona. They should also consider other factors, such as local economic conditions, demographics, and specific site locations, to make an informed decision about investing in an Auntie Annes franchise.