What was the total number of Advanced Mobile Iv And Amiv outlets at the end of 2021?
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, at the end of 2021, there was a total of 1 outlet. This total consisted of zero franchised outlets and one company or affiliate-owned outlet.
Specifically, the FDD outlines the changes in outlet numbers over several years. For franchised outlets, the count remained at zero for both the start and end of 2021, indicating no net change. However, for company or affiliate-owned outlets, the numbers increased from zero at the start of 2021 to one by the end of the year.
This information is valuable for potential franchisees as it provides a clear picture of the brand's growth trajectory and the mix of franchised versus company-operated locations. The fact that Advanced Mobile Iv And Amiv had only one company-owned or affiliated location by the end of 2021 suggests that the franchise system was still in its early stages of development.