What was the net change in the number of company or affiliate-owned Afuri Ramen Dumpling outlets during 2021?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
MMARY For Fiscal Years Ending December 31, 2021, 2022, 2023**
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 2 | 3 | +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, the net change in the number of company or affiliate-owned outlets during 2021 was 0. This indicates that the number of company-owned or affiliate-owned Afuri Ramen Dumpling restaurants remained the same throughout the year.
Specifically, at the start of 2021, there were 3 company or affiliate-owned Afuri Ramen Dumpling outlets. By the end of 2021, the number remained at 3. This stability in company-owned outlets could reflect a strategic decision by Afuri Ramen Dumpling to maintain its corporate presence without expansion during that period.
For a prospective franchisee, this data point offers insight into Afuri Ramen Dumpling's corporate growth strategy. While the franchisor may be focused on expanding through franchising, it is also maintaining a consistent number of company-owned stores. This could suggest a balanced approach to growth, where corporate stores serve as models or training locations for the franchise system.