What was the net change in the number of company-owned Hawaiian Bros Island Grill outlets in 2023?
Hawaiian_Bros_Island_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
| (1) Outlet Type | (2) Year | (3) Outlets at the Start of the Year | (4) Outlets at the End of the Year | (5) Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 18 | 18 | |
| 2024 | 18 | 31 | 13 | |
| Company- | 2022 | 21 | 32 | 11 |
| Owned | ||||
| 2023 | 32 | 24 | -8 | |
| 2024 | 24 | 21 | -3 | |
| Total Outlets | 2022 | 21 | 32 | 11 |
| 2023 | 32 | 41 | 9 | |
| 2024 | 41 | 52 | 11 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 73–77)
What This Means (2025 FDD)
According to Hawaiian Bros Island Grill's 2025 Franchise Disclosure Document, the net change in the number of company-owned outlets in 2023 was -8. This means that Hawaiian Bros Island Grill had 8 fewer company-owned restaurants at the end of 2023 than it did at the beginning of the year.
Specifically, Hawaiian Bros Island Grill started 2023 with 32 company-owned outlets and ended the year with 24. This decrease could be due to closures, sales to franchisees, or other factors. It is important to note that these numbers are for traditional restaurants and do not include special outlets such as ghost kitchens and digital to-go kitchens.
A prospective franchisee should investigate the reasons behind this net decrease in company-owned stores. Understanding why Hawaiian Bros Island Grill closed or sold these locations can provide valuable insight into the health and stability of the franchise system. It would be prudent to ask the franchisor for more details on these changes and their impact on the overall business strategy.