In 2024, how many Face Foundrie outlets were sold to a franchisee?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Colorado | 2022 | 0 | 1 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 1 | 0 | |
| Minnesota | 2022 | 3 | 0 | 0 | 0 | 0 | 3 |
| 2023 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 3 | |
| Pennsylvania | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 2 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 2 | 0 | 0 | |
| Texas | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 2 | 0 | 0 | 0 | 2 | |
| Total | 2022 | 3 | 1 | 0 | 0 | 0 | 4 |
| 2023 | 4 | 2 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 2 | 0 | 2 | 1 | 5 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 69–73)
What This Means (2025 FDD)
According to Face Foundrie's 2025 Franchise Disclosure Document, in 2024, one outlet was sold to a franchisee. This information is based on the table that details outlet information by state.
Specifically, the table provides a breakdown of outlet activity, including the number of outlets at the start of the year, outlets opened, outlets reacquired from a franchisee, outlets closed, outlets sold to a franchisee, and the number of outlets at the end of the year. This level of detail can be helpful for prospective franchisees to understand the dynamics of outlet ownership within the Face Foundrie system.
It's important to note that this data reflects transfers from the franchisor back to a franchisee, not transfers between franchisees. Transfers between franchisees are tracked in a separate table. Reviewing both tables provides a comprehensive view of outlet transitions within the Face Foundrie franchise system.