How many franchised Burros Fries outlets were operating at the start of 2021?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
| Outlet Type | Yea r | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2021 | 2 | 4 | +2 |
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, there were 2 franchised outlets operating at the start of 2021. During 2021, 2 additional outlets were opened, bringing the total to 4 franchised locations by the end of the year. This indicates a period of initial growth for the franchise system.
For a prospective franchisee, this data point is crucial for understanding the brand's growth trajectory. The fact that the number of franchised locations doubled in a single year suggests a potentially attractive business model. However, it's important to consider that this represents a small sample size, and further investigation into the performance and sustainability of these outlets would be prudent.
It is also worth noting that the FDD includes data on company-owned outlets. In 2021, there were 8 company-owned Burros Fries locations. While the franchised locations saw growth, the number of company-owned locations remained constant. This could indicate a strategic decision by Burros Fries to focus on franchising as a means of expansion, or it could reflect different operational dynamics between franchised and company-owned stores.