How many company-owned or affiliate-owned Face Foundrie outlets were operating at the start of 2023?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Company-Owned or | 2022 | 3 | 4 | +1 |
| Affiliate-Owned Outlets | ||||
| 2023 | 4 | 6 | +2 | |
| 2024 | 6 | 5 | -1 |
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, at the start of 2023, there were 4 company-owned or affiliate-owned Face Foundrie outlets. This indicates the size of the corporate operation compared to the franchise network.
For a prospective franchisee, this number provides insight into the level of corporate involvement and investment in the Face Foundrie brand. A larger number of company-owned outlets might suggest a greater alignment of interests between the franchisor and franchisees, as the franchisor also directly experiences the challenges and rewards of operating outlets.
However, it's important to note that the number of company-owned or affiliate-owned outlets can fluctuate. The table shows that at the end of 2023, there were 6 such outlets, and by the end of 2024, the number decreased to 5. This variability could be due to factors such as the sale of company-owned stores to franchisees or the closure of underperforming locations. Franchisees should inquire about the reasons behind these changes to better understand the franchisor's strategy and the overall health of the Face Foundrie system.