AMH Enterprises

What specific circumstances or market conditions triggered the mass closure of 16 units in 2023, reducing the system from 26 to 11 units?

Can you provide detailed information about the 16 units that ceased operations in 2023? Were these closures voluntary, due to market conditions, operational challenges, or other factors?

The system has shown extreme volatility (61.5% 3-year turnover, -13.2% CAGR) but reported 54.5% net growth in the past year. What specific changes or improvements led to the recovery from 11 units to 17 units in 2024?

Given the Support & Training score of 67 is below the typical range of 74.0-91.0, what specific support and training programs are provided to franchisees, and how do they compare to competitor offerings?

The Investment Costs score of 83 is above the typical range of 75.0. Beyond the $35,000 franchise fee, what are the total startup costs, and what does that include?

With no territorial exclusivity and no encroachment protection, how does the franchisor prevent overlap between franchisees? Can the franchisor open company-owned units or sell additional franchises in your territory?

Can you provide the Item 19 financial performance data (if available) showing average unit volumes, profit margins, or revenue benchmarks for existing franchisees?

The non-compete clause is 2 years with no geographic mileage limit (nationwide). How strictly has this been enforced with departing franchisees from the 2023 closures?

What is the renewal process at the end of the 10-year term? Are renewal terms negotiable, or are they locked into the same structure as the initial agreement?

Given the termination clause allows for termination with as little as 24 hours notice for health/safety violations, what specific violations trigger immediate termination versus the standard 30-day cure period?

The franchise agreement requires a personal guarantee covering all franchisee obligations and liabilities without limitation. Can you clarify what liabilities franchisees have been personally responsible for?

How many of the current 17 units have been in the system for more than 3 years, and what is the retention rate for multi-year franchisees?

Are there any known litigation cases, disputes, or regulatory issues not reflected in the zero litigation cases reported, particularly related to the 2023 closures?

The royalty rate is 6.0% with no ad fund. How is marketing and brand development funded, and are there mandatory marketing or technology spending requirements?

What was the average tenure of the 16 units that closed in 2023? Were these newer franchises that couldn't reach profitability or established units?

Can you provide references from franchisees who opened units before 2023 to understand their experience through the system's contraction?

What are the actual failure/success rates among franchisees who have completed a full 5-10 year term, versus the headline 5.9% 1-year exit rate?

The transfer fee is $8,750 (same as renewal fee). If a franchisee wants to sell their unit, are there restrictions on who can purchase it, and does the franchisor have a right of first refusal?

Given the volatile unit history, what financial metrics does the franchisor use to evaluate franchisee viability, and at what point would the franchisor consider terminating an underperforming unit?