How many Afuri Ramen Dumpling franchise agreements in California were not renewed in 2023?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
| State | Column 2 Year | Column 3 Outlets at the Start of the Year | Column 4 Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Column 9 Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| California | 2021 | 2 | 1 | 0 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2023 | 3 | 0 | 0 | 0 | 0 | 2 | 1 | |
| Total | 2021 | 2 | 1 | 0 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 2023 | 3 | 0 | 0 | 0 | 0 | 2 | 1 |
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, there were no non-renewals of franchise agreements in California during 2023. The provided table in Item 20 outlines the status of franchised outlets for the fiscal years ending December 31, 2021, 2022, and 2023.
The table specifically lists the number of non-renewals for California franchises as zero for each of the years 2021, 2022, and 2023. This indicates that all franchise agreements that came up for renewal during these years were successfully renewed, and no franchises ceased operation due to a decision not to renew the agreement.
While there were no non-renewals, the table does show that two Afuri Ramen Dumpling locations in California ceased operations for other reasons in 2023. This is a separate category from non-renewals, suggesting these closures were due to factors other than the expiration and non-renewal of the franchise agreement.