What was the net change in the total number of Aw outlets during 2023?
Aw 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 | 5 | 6 | +1 |
| 2023 | 6 | 6 | 0 | |
| 2024 | 6 | 4 | -2 | |
| Affiliate- | 2022 | 2 | 1 | -1 |
| Owned | ||||
| 2023 | 1 | 1 | 0 | |
| 2024 | 1 | 1 | 0 | |
| Total Outlets | 2022 | 7 | 7 | 0 |
| 2023 | 7 | 7 | 0 | |
| 2024 | 7 | 5 | -2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 37–39)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, the net change in the total number of outlets during 2023 was 0. This means that the total number of Aw outlets remained the same from the beginning to the end of the year. At the start of 2023, there were 7 total outlets, and by the end of the year, the number remained at 7.
Specifically, the number of franchised Aw outlets remained stable at 6 during 2023. Similarly, the number of affiliate-owned outlets also remained constant at 1 throughout the year. This indicates that there were no new openings or closures of either franchised or affiliate-owned locations during that period.
For a prospective franchisee, this data point can be interpreted in several ways. On one hand, a stable number of outlets could suggest a mature market with limited growth potential. On the other hand, it could indicate a well-managed system with low turnover. It would be prudent for a potential franchisee to investigate further into the reasons behind the lack of change in outlet numbers, and to understand Aw's plans for future growth and expansion.