How many Afuri Ramen Dumpling outlets were operating in California at the start of 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 |
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 3 Afuri Ramen Dumpling outlets operating in California at the start of 2023. This number is based on the information provided in Table No. 3, which details the status of franchised outlets for the fiscal years ending December 31, 2021, 2022, and 2023.
This information is crucial for potential franchisees as it provides a snapshot of Afuri Ramen Dumpling's presence and operational history in California. Knowing the number of outlets at the beginning of the year helps in understanding the brand's growth or contraction within the state. It also sets a baseline for evaluating the impact of any openings, closures, or other changes that occurred during the year.
For a prospective franchisee, this data point is essential for assessing the market saturation and brand recognition of Afuri Ramen Dumpling in California. It's also important to consider the changes in outlet numbers over the years to understand the trend and stability of the franchise in the region. Further investigation into the reasons behind any closures or lack of growth would be prudent to make an informed investment decision.