How many Afuri Ramen Dumpling outlets were sold to franchisees in Oregon during 2023?
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 outlets sold to franchisees in Oregon during 2023. The provided table regarding the status of franchised outlets shows that in Oregon during 2023, there were zero outlets sold to franchisees.
This information is crucial for potential franchisees as it provides insight into the brand's growth strategy and franchisee activity within a specific region. A lack of sales to franchisees could indicate various factors, such as a stable franchise network with low turnover, a focus on corporate-owned stores, or challenges in attracting new franchisees in that area.
It is important to note that while no outlets were sold to franchisees, one outlet was opened in Oregon during 2023. This could mean that the new outlet was company-owned or the result of new franchise agreements rather than a transfer of existing locations. Reviewing the complete Item 20 data in the FDD is essential to understand the dynamics of franchise ownership changes and new outlet development within the Afuri Ramen Dumpling system.