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What was the total number of Burros Fries outlets at the start of 2023?

Burros_Fries Franchise · 2024 FDD

Answer 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's 2024 Franchise Disclosure Document, at the start of 2023, there were a total of 12 Burros Fries outlets. This number includes both franchised and company-owned locations. Specifically, there were 3 franchised outlets and 9 company-owned outlets at the beginning of 2023.

For a prospective franchisee, this information provides a snapshot of the brand's size and composition at that time. It shows the relative proportion of franchised versus company-owned stores, which can indicate the franchisor's strategy and focus. A higher number of company-owned stores might suggest a greater degree of control and investment by the franchisor in the brand's operations.

It is important to note that the number of outlets can change over time due to openings, closures, sales, and acquisitions. In 2023, the total number of Burros Fries outlets increased by one, from 12 to 13. This change consisted of an increase of one franchised location, while the number of company-owned locations remained the same. This data helps potential franchisees understand the growth and stability of the Burros Fries system.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.