What was the advertising expense for Afuri Ramen Dumpling for the year ended December 31, 2022?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
vices and for initial franchise fees collected but recognized over the course of the agreement.
Advertising – The Company expenses advertising costs as they are incurr
Source: Item 23 — Receipts (FDD pages 50–189)
What This Means (2024 FDD)
According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, the advertising expense is not explicitly stated for the year ended December 31, 2022. However, the document does state the advertising expenses for the years ended December 31, 2021, and 2020.
Specifically, the FDD notes that Afuri Ramen Dumpling expenses advertising costs as they are incurred. For the year ended December 31, 2021, advertising expenses totaled $12,130, and for the year ended December 31, 2020, the advertising expenses totaled $15,183.
Prospective franchisees should inquire with Afuri Ramen Dumpling about the advertising expenses for the year 2022 to gain a clearer understanding of the company's financial performance and advertising strategies during that specific period. Understanding these expenses can help franchisees better assess the franchisor's commitment to marketing and brand promotion, which can significantly impact the success of their individual franchise.