How many company-owned Burros Fries outlets were opened in Arizona during 2023?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
For Fiscal Years ending 2021 through 2023
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired From Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| CA | 2021 | 11 | 0 | 0 | 0 | 2 | 9 |
| 2022 | 9 | 0 | 1 | 0 | 2 | 8 | |
| 2023 | 8 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 50–53)
What This Means (2024 FDD)
According to Burros Fries's 2024 Franchise Disclosure Document, one company-owned Burros Fries outlet was opened in Arizona during 2023. The table provided in Item 20 includes data about the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and outlets at the end of the year for both California and Arizona.
Specifically, for Arizona in 2023, the table shows that there was one outlet at the start of the year and one outlet opened during the year. There were no outlets reacquired from franchisees, closed, or sold to franchisees. This resulted in two outlets at the end of 2023.
This information is valuable for prospective franchisees as it provides insight into the growth and changes in the number of company-owned Burros Fries outlets over the past three years. Monitoring these trends can help potential franchisees assess the stability and expansion of the brand in specific geographic areas.