How many company or affiliate-owned Afuri Ramen Dumpling outlets were operating at the end of 2022?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
MMARY For Fiscal Years Ending December 31, 2021, 2022, 2023**
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 2 | 3 | +1 |
| 2022 | 3 | 3 | 0 | |
| 2023 | 3 | 1 | -2 | |
| Company |
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, at the end of 2022, there were 4 company or affiliate-owned outlets. At the start of 2022, there were 3 company or affiliate-owned outlets. During 2022, Afuri Ramen Dumpling opened one additional company or affiliate-owned outlet.
This information is valuable for prospective franchisees as it provides insight into the operational structure of Afuri Ramen Dumpling. The number of company-owned stores can indicate the franchisor's investment in the brand and their direct involvement in the market. It can also be a signal of the franchisor's confidence in their business model.
Monitoring the changes in company-owned stores over time, as presented in the table, can reveal Afuri Ramen Dumpling's strategic approach to growth, such as focusing on franchising versus corporate expansion. Franchisees may want to further investigate the reasons behind these changes to better understand the franchisor's long-term vision and potential support for franchisees.