aggregated_summary

What was the total number of Auntie Annes outlets at the start of 2022?

Auntie_Annes Franchise · 2024 FDD

Answer from 2024 FDD Document

ETS AND FRANCHISE INFORMATION**

Table No. 1 Systemwide Outlet Summary For Years 2021 to 2023

Outlet Type Year Outlets at the Start of the Year Outlets at the End of the Year Net Change
2021 1140 1126 -14
Franchised 2022 1126 1135 +9
2023 1135 1156 +21
2021 12 12 +0
Affiliate-Owned 2022 12 11 +1
2023 11 11 +0

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

**Table No.

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, at the start of 2022, there were a total of 1,138 Auntie Annes outlets. This number reflects the total of both franchised and affiliate-owned locations.

Specifically, the FDD breaks down the outlet types. At the beginning of 2022, there were 1,126 franchised locations and 12 affiliate-owned locations. The net change in total outlets during 2022 was an increase of 8 locations, with the total number of outlets reaching 1,146 by the end of the year.

It is important to note that these figures only include shops that were open and operating as of December 31, 2021, and December 31, 2022. The numbers do not account for signed franchise agreements for shops that had not yet opened or franchise agreements that were terminated before the shop's opening. This distinction is crucial for prospective franchisees to understand the actual operational footprint of Auntie Annes.

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.