How many Face Foundrie franchised outlets were opened in Texas during 2024?
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 |
|---|---|---|---|---|---|---|---|
| Texas | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 2 | 0 | 0 | 0 | 2 |
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, two franchised outlets were opened in Texas during the fiscal year 2024. The table provided in Item 20 of the FDD details the status of franchised outlets for the fiscal years 2022 through 2024, showing that at the start of 2024, there were no Face Foundrie outlets in Texas. Throughout 2024, two new outlets were opened, and no outlets were reacquired, closed, or sold to franchisees, resulting in two outlets at the end of the year.
This information is valuable for potential Face Foundrie franchisees in Texas as it provides insight into the brand's growth and presence in the state. The fact that two new outlets opened in 2024 suggests increasing brand recognition and market penetration in Texas. This data helps prospective franchisees assess the potential market and competition in the region.
It's important to note that while the table shows the number of outlets opened, it does not provide details on the specific locations or the performance of these outlets. A prospective franchisee should further investigate the locations of these new Face Foundrie outlets and research their performance to gain a more comprehensive understanding of the market dynamics in Texas. Additionally, the FDD indicates that as of the end of 2024, there were two signed franchise agreements in Texas that were not yet open, and the projection for the next fiscal year is one new franchised outlet and two new company-owned outlets.