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What was the total number of Afuri Ramen Dumpling outlets at the end of 2021?

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, at the end of 2021, there were a total of 6 Afuri Ramen Dumpling outlets. This total includes both franchised and company-owned or affiliate-owned outlets.

Specifically, the FDD indicates that there were 3 franchised outlets and 3 company or affiliate-owned outlets at the end of 2021. This information is crucial for potential franchisees as it provides a snapshot of the brand's footprint and the mix of ownership types within the system during that year.

Monitoring the growth and changes in outlet numbers, as well as the distribution between franchised and company-owned locations, can offer insights into Afuri Ramen Dumpling's expansion strategy and overall stability. A prospective franchisee should analyze these trends over multiple years to assess the brand's development and potential for future growth.

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.