How many Afuri Ramen Dumpling franchise agreements did MDLH INVESTMENT LLC sign?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
| Name | Address | Phone |
|---|---|---|
| MDLH INVESTMENT LLC Contacts: Qian Hou and Mingcheng Duan (signed five Franchise Agreements; one franchise opened as of 12-31-23) | 688 Mateo St. Los Angeles, CA 90021 | (213) 221-7206 |
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, MDLH INVESTMENT LLC signed five Franchise Agreements. As of December 31, 2023, one of these franchises had opened. The contact persons for MDLH INVESTMENT LLC are Qian Hou and Mingcheng Duan. Their address is 688 Mateo St. Los Angeles, CA 90021, and their phone number is (213) 221-7206.
It is important to note that while MDLH INVESTMENT LLC signed five franchise agreements, only one was operational as of the end of 2023. This could indicate a variety of factors, such as delays in site selection, construction, or permitting. A prospective franchisee should inquire about the typical timeline for opening a franchise and any potential challenges or delays that other franchisees have experienced.
Understanding the number of franchise agreements signed by a single entity can provide insights into the growth strategy and potential for multi-unit ownership within the Afuri Ramen Dumpling franchise system. It also highlights the importance of contacting current franchisees to understand their experiences and challenges in developing and operating their locations.