How many franchised 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 |
|---|---|---|---|---|
| Franchised | 2022 | 7 | 19 | +12 |
| 2023 | 19 | 30 | +11 | |
| 2024 | 30 | 48 | +18 |
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 were 19 franchised outlets operating at the start of 2023. This information is based on the provided table that tracks outlet information over several years. The table specifically lists the number of franchised outlets at the beginning of each year.
For a prospective franchisee, this indicates the growth trajectory of the Face Foundrie franchise system. Knowing the number of existing outlets can provide insight into the brand's market presence and expansion rate. It also helps to understand the competitive landscape and potential market saturation in different regions.
It's important to note that the number of outlets can fluctuate due to various factors, including new openings, closures, and transfers. Reviewing the net change in outlets alongside the starting and ending numbers provides a more comprehensive view of the franchise's stability and growth. A prospective franchisee should also consider the distribution of these outlets across different states to assess regional performance and opportunities.