What was the net change in the number of franchised Amorino outlets during 2024?
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 2024 was an increase of 3. This indicates that Amorino added three new franchised locations, calculated by the difference between the 19 outlets at the start of 2024 and the 22 outlets at the end of the year.
This information is crucial for potential franchisees as it provides insight into the growth and stability of the Amorino franchise system. A positive net change suggests that the franchise is expanding and attracting new franchisees. It's important to note that this number reflects the net change, meaning it accounts for any closures or terminations of existing franchises during the year.
Prospective franchisees should investigate further to understand the reasons behind the net change. While a positive number is generally a good sign, it's important to determine if the growth is consistent and sustainable. Understanding the number of new openings versus closures can provide a more comprehensive view of the franchise's performance and potential risks.