What was the total number of Advanced Mobile Iv And Amiv outlets 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, at the start of 2023, there were a total of 18 outlets. This number includes both franchised and company-owned or affiliate-owned outlets. Specifically, there were 17 franchised outlets and 1 company-owned or affiliate-owned outlet.
For a prospective franchisee, this indicates the existing scale of Advanced Mobile Iv And Amiv at the beginning of 2023. It shows the relative proportion of franchised versus company-owned locations, which can provide insight into the business model and growth strategy of the franchisor. The fact that there were 17 franchised locations and only 1 company-owned location suggests a strong focus on franchising as the primary means of expansion.
It is important to note that the number of outlets changed during 2023, with the total decreasing from 18 to 17 by the end of the year. This decrease was due to a net change of -1 in franchised outlets, while the number of company-owned outlets remained constant. This information can be useful for understanding the dynamics of the franchise system and potential factors affecting outlet performance and closures.