What was the total number of Afuri Ramen Dumpling outlets at the end of 2023?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
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Item 20 Outlets and Franchisee Information
Table No. 1 SYSTEMWIDE OUTLET SUMMARY 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 |
| 2022 | 3 | 3 |
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 2023, there were a total of 6 outlets. This number is derived from Table No. 1, which summarizes the systemwide outlet count for the fiscal years ending December 31, 2021, 2022, and 2023. The table shows the progression of total outlets over these years.
Specifically, the table indicates that Afuri Ramen Dumpling had 7 total outlets at the start of 2023. During 2023, the total number of outlets experienced a net change of -1, resulting in a final count of 6 outlets by the end of the year. This decrease could be due to closures or other factors affecting the total number of operational outlets.
For a prospective franchisee, this data provides insight into the overall size and recent trends in the Afuri Ramen Dumpling system. The decrease in total outlets in 2023, despite growth in previous years, may warrant further investigation to understand the reasons behind the change and its potential implications for the franchise's performance and stability. It would be prudent to ask the franchisor about the reasons for the net decrease in outlets during 2023.