What was the net change in total Aw outlets in 2024?
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 total outlets in 2024 was -2. This means that Aw had two fewer total outlets at the end of 2024 compared to the beginning of the year. Specifically, the total number of outlets decreased from 7 at the start of 2024 to 5 by the end of the year.
Breaking this down further, the FDD indicates that the change was entirely within franchised locations. The number of franchised outlets decreased by 2, from 6 to 4 during 2024. Meanwhile, the number of affiliate-owned outlets remained constant at 1 throughout the year.
Prospective franchisees should pay close attention to outlet trends. A decrease in the number of outlets could signal potential challenges within the franchise system. It would be prudent to inquire with Aw about the reasons for the net decrease in franchised outlets during 2024 and what steps Aw is taking to support its franchisees.