How many franchised Afuri Ramen Dumpling outlets were transferred to new owners in 2022?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
Table No. 2 TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (other than the Franchisor) For Fiscal Years Ending December 31, 2021, 2022, 2023
| State | Year | Number of Transfers |
|---|---|---|
| All States | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 | |
| Total | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 0 |
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 transfers of franchised outlets to new owners during the 2022 fiscal year. This information is detailed in Table No. 2, which specifically tracks transfers of outlets from franchisees to new owners, excluding transfers to the franchisor itself. The table provides data for the fiscal years ending December 31, 2021, 2022, and 2023.
The absence of transfers in 2022 suggests stability within the Afuri Ramen Dumpling franchise system during that period. Potential franchisees may view this as a positive indicator, suggesting that existing franchisees are generally satisfied with their businesses and are not seeking to exit the system by transferring ownership. However, it is essential to consider this data in conjunction with other factors, such as the number of terminations, non-renewals, and overall outlet growth, to gain a comprehensive understanding of the franchise system's health.
It is also important to note that the table only captures transfers to new owners other than the franchisor. If a franchisee sold their outlet back to Afuri Ramen Dumpling, this would not be reflected in the transfer data. Therefore, prospective franchisees should inquire about the reasons behind any store closures or changes in ownership to fully assess the risks and opportunities associated with investing in an Afuri Ramen Dumpling franchise.