What were the average net revenues for Amorino franchisee stores in 2023?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
| Calendar Year | No. of included stores | Average Net Revenues | % Growth in Average Net Revenues | No. of Stores | Median | High Net Revenues | Low Net Revenue |
|---|---|---|---|---|---|---|---|
| Above/ Below Average | |||||||
| 2023 | 16 | $1,080,663 | n/a | 9/16 | $654, 324 | $1,976,741 | $426,553 |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 68–73)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, the average net revenues for 16 included franchisee stores in 2023 was $1,080,663. The FDD notes that this data pertains to established stores that were open and operating for a minimum of 12 months as of December 31, 2023. Net revenues include all revenues generated from business conducted at the store, including the sale of food items, but exclude sales tax, documented refunds, chargebacks, credits, and allowances given to customers.
The FDD also provides additional context for this figure. The highest net revenue reported for 2023 was $1,976,741, while the lowest was $426,553. The median net revenue for these stores was $654,324, and nine out of the sixteen stores had revenues above the average. This indicates a wide range of performance among the included stores, which prospective franchisees should consider.
It is important to note that this financial performance representation does not include all costs associated with starting and operating an Amorino store. Specifically, it excludes initial franchise fees, build-out and equipment costs, technology costs, training and living expenses, and other store costs that can be capitalized. Amorino advises prospective franchisees to conduct their own independent investigation of all costs and expenses they will incur. They also state that individual results may differ and there is no assurance that a franchisee will achieve the same sales.