How many Face Foundrie franchised outlets were operating in South Dakota at the start of 2023?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
2**
Transfers of Outlets from Franchisees to New Owners (Other Than Franchisor) For Fiscal Years 2022 – 2024
| State | Year | Number of Transfers | |---|---|---| | Total | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 | Table No. 3
Status of Franchised Outlets For Fiscal Years 2022 - 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Termin- ations | Non- Renewals | Reacquired by Franchisor | C
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, there was one franchised Face Foundrie outlet operating in South Dakota at the beginning of 2023. The table provided in Item 20 of the FDD details the status of franchised outlets for fiscal years 2022 through 2024, showing the number of outlets at the start of each year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this information is valuable in understanding the growth and stability of the Face Foundrie brand in specific states. Seeing that South Dakota had one outlet at the start of 2023 and maintained that single outlet through the end of 2024 indicates a stable presence, although not one of rapid expansion. This could suggest a steady market or a deliberate approach to growth in that region.
It is important to note that while the table provides a historical overview, it does not guarantee future performance. A potential franchisee should further investigate the reasons behind the lack of new openings and closures, and assess the market potential in South Dakota to make an informed decision. This includes looking at local competition, demographics, and economic conditions to determine if further investment in Face Foundrie franchise in South Dakota is a viable option.