How many Face Foundrie outlets were open in Minnesota at the start of 2022?
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, there were 3 Face Foundrie outlets open in Minnesota at the start of 2022. This indicates the brand had an established, albeit small, presence in the state at that time.
For a prospective franchisee, this information is useful for understanding the brand's growth trajectory and market penetration in specific regions. The fact that there were already a few locations open could suggest existing brand recognition and customer base, which might be advantageous. However, it is important to investigate the performance of these existing locations to gauge the overall market potential.
It is also worth noting that no outlets closed, were reacquired, or sold in Minnesota during 2022, and no additional outlets opened. This could indicate stability, but further investigation is needed to understand why there was no growth during that year. A potential franchisee should inquire about the performance of these locations and the franchisor's plans for future development in Minnesota.