table_specific

What was the net change in the total number of Afuri Ramen Dumpling outlets during 2022?

Afuri_Ramen_Dumpling Franchise · 2024 FDD

Answer from 2024 FDD Document

Outlet Type Year Outlets at the Start of the Year Outlets at the End of the Year Net Change
Franchised 2021 2 3 +1
2022 3 3 0
2023 3 1 -2
Company or 2021 3 3 0
Affiliate
Owned*
2022 3 4 +1
2023 4 5 +1
Total Outlets 2021 5 6 +1
2022 6 7 +1
2023 7 6 -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 total number of outlets during 2022 was an increase of one location. This is calculated from a starting total of 6 outlets at the beginning of 2022, which increased to 7 outlets by the end of the year.

Specifically, the number of franchised Afuri Ramen Dumpling locations remained the same, with 3 at both the start and end of 2022. The growth came from company-owned or affiliate-owned locations, which increased from 3 at the beginning of 2022 to 4 by the end of the year.

This information is valuable for potential franchisees as it provides insight into the growth and composition of the Afuri Ramen Dumpling system. A prospective franchisee can see whether growth is primarily through franchising or company-owned stores, and evaluate the overall expansion rate of the brand.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.