How many new Afuri Ramen Dumpling outlets opened in California during 2021?
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 was one new outlet opening in California during 2021. The FDD provides a table outlining the status of franchised outlets for the fiscal years ending December 31, 2021, 2022, and 2023. In 2021, California had two outlets at the start of the year and three at the end of the year, indicating a net increase of one outlet.
This information is crucial for potential franchisees as it provides insight into the brand's growth and expansion within California. A single new opening may suggest a measured approach to growth in the state, or it could reflect challenges in securing suitable locations or franchisees. It is important to note that while one new outlet opened, the total number of outlets at the end of 2021 was three, which means that the one new opening was an addition to the existing two.
Prospective franchisees should further investigate the reasons behind the number of openings and closures, and the overall growth strategy in California. Understanding the dynamics of the California market, including any specific challenges or opportunities, will be essential for making an informed investment decision. It would be beneficial to inquire about the locations of these outlets and their performance, as well as the franchisor's plans for future expansion in the state.