How many Afuri Ramen Dumpling outlets were closed in Oregon during 2022?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
| Column 1 State | Column 2 Year | Outlets at the Start of the Year | Column 4 Outlets Opened | Outlets Reacquired from Franchisees | Column 6 Outlets Closed* | Outlets Sold to Franchisees | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| Oregon | 2021 | 3 | 0 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 1 | 0 | 0 | 0 | 4 | |
| 2023 | 4 | 1 | 0 | 0 | 0 | 5 | |
| Total | 2021 | 3 | 0 | 0 | 0 | 0 | 3 |
| 2022 | 3 | 1 | 0 | 0 | 0 | 4 | |
| 2023 | 4 | 1 | 0 | 0 | 0 | 5 |
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 outlet closures in Oregon during 2022. The provided table summarizes the status of franchised outlets for the fiscal years ending December 31, 2021, 2022, and 2023.
The table indicates that in 2022, there were 3 Afuri Ramen Dumpling outlets at the start of the year in Oregon. During that year, 1 outlet was opened, and no outlets were reacquired from franchisees or sold to franchisees. Importantly, the table shows that the number of outlets closed in Oregon during 2022 was 0. This resulted in a total of 4 outlets at the end of 2022.
For a prospective franchisee, this indicates stability in the Oregon market during 2022, with no closures reported. This information is valuable for assessing the risk and potential success of opening an Afuri Ramen Dumpling franchise in Oregon. It's important to note that past performance is not indicative of future results, and further research into market conditions and other factors is advisable.