How many Amorino franchises were transferred to new owners in Illinois during 2024?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| California | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| New York | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Totals | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 73–79)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, there was one franchise in Illinois that was transferred to a new owner during 2024. The table provided in Item 20 outlines the transfers of outlets from franchisees to new owners, and the data shows that in 2024, one Amorino franchise in Illinois was transferred.
This information is relevant for prospective franchisees as it provides insight into the stability and desirability of Amorino franchises. A higher number of transfers could indicate issues with profitability or franchisee satisfaction, while a lower number, as in this case, might suggest a more stable franchise system.
It is important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Amorino or its affiliates. Reviewing transfer rates in conjunction with other data, such as closures and non-renewals, can provide a more comprehensive understanding of franchise performance.