table_specific

In 2023, how many Afuri Ramen Dumpling outlets were opened in Oregon?

Afuri_Ramen_Dumpling Franchise · 2024 FDD

Answer from 2024 FDD Document

Column 1 State Column 2 Year Outlets at the Start of the Year Column 4 Outlets Opened Outlets Reacquired from Franchisees Column 6 Outlets Closed* Outlets Sold to Franchisees Outlets at End of Year
Oregon 2021 3 0 0 0 0 3
2022 3 1 0 0 0 4
2023 4 1 0 0 0 5
Total 2021 3 0 0 0 0 3
2022 3 1 0 0 0 4
2023 4 1 0 0 0 5

Source: Item 20 — Outlets and Franchisee Information (FDD pages 46–49)

What This Means (2024 FDD)

According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, one outlet was opened in Oregon during 2023. The number of outlets in Oregon at the start of 2023 was four, and by the end of the year, it increased to five. No outlets were reacquired from franchisees, closed, or sold to franchisees during that year.

This information is relevant for prospective franchisees as it provides insight into the brand's growth and stability within a specific state. A consistent opening rate, as seen in Oregon, could indicate a healthy market and effective franchise support. However, it's important to consider this data in conjunction with other factors such as market saturation and local economic conditions.

It is also important to note that while one new Afuri Ramen Dumpling location opened in Oregon, the number of franchised locations in California decreased by two during 2023. This demonstrates that while the brand is growing in some areas, it may be facing challenges in others. Reviewing the reasons behind closures or terminations, as disclosed in the FDD, is crucial for understanding the overall health and sustainability of an Afuri Ramen Dumpling franchise.

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.