What was the total number of Burros Fries outlets at the start of 2022?
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 |
| 2022 | 4 | 3 | -1 | |
| 2023 | 3 | 4 | +1 | |
| Company- Owned* | 2021 | 8 | 8 | 02 |
| 2022 | 8 | 9 | +1 | |
| 2023 | 9 | 9 | 0 | |
| Total Outlets | 2021 | 10 | 12 | +2 |
| 2022 | 12 | 12 | 02 | |
| 2023 | 12 | 13 | +1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 50–53)
What This Means (2024 FDD)
According to Burros Fries' 2024 Franchise Disclosure Document, at the start of 2022, there were a total of 12 Burros Fries outlets. This total is comprised of both franchised and company-owned locations.
Specifically, the FDD indicates that of these 12 outlets, 4 were franchised and 8 were company-owned at the beginning of 2022. This information is useful for prospective franchisees as it provides a snapshot of the brand's composition and the relative proportion of franchised versus company-owned stores at that time.
Understanding the distribution between franchised and company-owned outlets can offer insights into Burros Fries' business strategy. For example, a higher number of company-owned stores might suggest a greater degree of corporate control or a preference for direct operation in certain markets. Conversely, a larger proportion of franchised locations could indicate a focus on expansion through partnerships with individual franchisees.