How many Advanced Mobile Iv And Amiv outlets were open at the start of 2023?
Advanced_Mobile_Iv_And_Amiv Franchise · 2023 FDDAnswer from 2023 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2020 | 0 | 0 | +0 |
| 2021 | 0 | 0 | +0 | |
| 2022 | 0 | 17 | +17 | |
| 2023 | 17 | 16 | -1 | |
| Company or | 2020 | 0 | 0 | +0 |
| Affiliate Owned | ||||
| 2021 | 0 | 1 | +1 | |
| 2022 | 1 | 1 | +0 | |
| 2023 | 1 | 1 | +0 | |
| Total Outlets | 2020 | 0 | 0 | +0 |
| 2021 | 0 | 1 | +1 | |
| 2022 | 1 | 18 | +17 | |
| 2023 | 18 | 17 | -1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 50–54)
What This Means (2023 FDD)
According to Advanced Mobile Iv And Amiv's 2023 Franchise Disclosure Document, there were a total of 18 outlets open at the start of 2023. Specifically, 17 of these were franchised outlets and 1 was company or affiliate owned. This information is crucial for potential franchisees as it provides a snapshot of the brand's existing footprint at the beginning of the reported year.
Understanding the distribution between franchised and company-owned outlets can offer insights into Advanced Mobile Iv And Amiv's business model and growth strategy. A higher number of franchised locations might indicate a focus on expansion through franchising, while a significant number of company-owned outlets could suggest a desire to maintain control over operations and brand standards.
It is also important to note the net change in outlets during 2023. The data shows a net decrease of 1 outlet, with franchised locations decreasing by 1 and company-owned locations remaining the same. This could be due to various factors such as terminations, non-renewals, or other reasons for ceased operations, as detailed elsewhere in the FDD. Prospective franchisees should investigate these changes to understand the stability and performance of the franchise system.