factual

What was the total advertising expense for Afuri Ramen Dumpling at December 31, 2020?

Afuri_Ramen_Dumpling Franchise · 2024 FDD

Answer from 2024 FDD Document

vices and for initial franchise fees collected but recognized over the course of the agreement.

Advertising – The Company expenses advertising costs as they are incurr

Source: Item 23 — Receipts (FDD pages 50–189)

What This Means (2024 FDD)

According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, the company's advertising expense totaled $15,183 at December 31, 2020. This figure reflects the costs Afuri Ramen Dumpling incurred for advertising during that fiscal year.

For a prospective franchisee, this number provides insight into the franchisor's spending on advertising initiatives. It is important to note that this is the franchisor's expense, not the advertising fees that franchisees are required to pay. Franchisees are typically required to contribute a percentage of their revenue towards advertising, which Afuri Ramen Dumpling uses for local, regional, national, internet, or international advertising.

Understanding the franchisor's advertising expenses can help a franchisee assess the level of support they might receive in terms of brand promotion and marketing. It is also important for prospective franchisees to understand how the advertising fees they pay are utilized and to evaluate whether the franchisor's advertising strategies align with their business goals.

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.