What was the total number of Afuri Ramen Dumpling outlets at the start of 2023?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer 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 start of 2023, there were a total of 7 Afuri Ramen Dumpling outlets. This number includes both franchised and company-owned or affiliate-owned locations.
Specifically, the FDD indicates that 3 of these outlets were franchised, while 4 were company or affiliate-owned at the beginning of 2023. This information is crucial for potential franchisees as it provides a snapshot of the brand's existing footprint and the relative distribution between franchised and company-operated locations.
It's worth noting that the total number of outlets decreased to 6 by the end of 2023, with franchised locations dropping to 1 and company-owned increasing to 5. This suggests a net decrease of 1 outlet during the year. Monitoring these changes in outlet numbers can help prospective franchisees understand the brand's growth trajectory and stability in different markets.