What was the total number of Burros Fries outlets opened across all locations in 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 | 0 | 1 | 7 | | AZ | 2021 | 0 | 1 | 0 | 0 | 0 | 1 | | | 2022 | 1 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 1 | 0 | 0 | 0 | 2 | | Totals | 2021 | 11 | 1 | 0 | 0 | 2 | 9 | | | 2022 | 9 | 0 | 1 | 0 | 2 | 8 | | | 2023 | 9 | 1 | 0 | 0 | 1 | 9 | * The above outlets are owned by our affiliates.
As of December 31, 2023, our seven (7) affiliates operate nine (9) non-franchised Burros & Fries businesses at the locations listed below. The entities shown in the first row are the Affiliates with the stores they own in the rows beneath the first row.
| BURROS & FRIES, INC. 4705 Clairmont Drive, Ste. F, San Diego, CA 92117 Phone: 858-490-1095 | BURROS & FRIES C.V., INC.
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 was a total of one franchise outlet opened in California and one in Arizona during 2023. Therefore, the total number of Burros Fries outlets opened across all locations in 2023 was two.
It is important to note that this data reflects the number of franchise locations opened, and does not include any company-owned locations that may have opened during the same period. A prospective franchisee should consider this information to understand the growth and expansion of franchised locations specifically.
This information is valuable for potential franchisees as it provides insight into the recent growth activity of Burros Fries. Monitoring the number of new openings can help assess the brand's momentum and market penetration in different regions. However, it is also important to consider closures and other changes in outlet status to get a complete picture of the franchise system's health.