What was the net change in the number of franchised Amorino outlets during 2023?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised* | 2022 | 13 | 16 | +3 |
| 2023 | 16 | 19 | +3 | |
| 2024 | 19 | 22 | +3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 73–79)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, the net change in the number of franchised outlets during 2023 was an increase of 3. Specifically, the number of franchised Amorino outlets started at 16 at the beginning of 2023 and ended the year at 19. This indicates a moderate growth in the number of franchised locations during that year.
For a prospective franchisee, this information provides insight into the recent growth trend of the Amorino franchise system. A net increase suggests that the franchise is expanding, which could be a positive indicator of the brand's performance and attractiveness to new franchisees. However, it is important to consider this figure in conjunction with other factors, such as the performance of existing outlets and the overall market conditions.
It's also worth noting that the FDD includes data for 2022 and 2024, showing a consistent net change of +3 franchised outlets each year. This consistent growth pattern over three years might suggest a stable and well-managed expansion strategy by Amorino. A potential franchisee should investigate further to understand the reasons behind this growth and whether it is sustainable in the long term.