As of December 31, 2024, how many Amorino franchisees were there?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
| _ | 2024 | 2023 | 2022 |
|---|---|---|---|
| Franchisees | 10 | 5 | 4 |
| Outlets | 28 | 5 | 4 |
Source: Item 22 — CONTRACTS (FDD pages 80–81)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, as of December 31, 2024, there were 10 Amorino franchisees. This number has grown over the past few years, with 5 franchisees in 2023 and 4 in 2022.
This information is crucial for potential franchisees as it provides insight into the growth and scale of the Amorino franchise system. A growing number of franchisees may indicate a healthy and expanding brand, which can be a positive sign for prospective investors. However, it's also important to consider the number of outlets, which were 28 in 2024, suggesting that some franchisees operate multiple locations.
Prospective franchisees should investigate further to understand the distribution of these franchisees and outlets, the performance of existing locations, and the support provided by Amorino to its franchisees as the system grows. Understanding these factors will help in assessing the potential success and risks associated with investing in an Amorino franchise.