How many Face Foundrie outlets opened in New Jersey during 2024?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Termin- ations | Non- Renewals | Reacquired by Franchisor | Ceased Operations Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| New Jersey | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 1 | 0 | 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, one outlet opened in New Jersey during 2024. The table provided in Item 20 of the FDD details the number of outlets opened in each state for the years 2022, 2023, and 2024. At the start of 2024, there was one Face Foundrie outlet in New Jersey. By the end of 2024, there were two outlets, indicating that one new location was opened during that year.
This information is valuable for potential franchisees as it provides insight into the brand's growth and expansion in specific geographic areas. Observing the number of openings, terminations, and closures can help a franchisee assess the stability and potential of the franchise in a particular state. It's important to note that past performance does not guarantee future results, but it can offer a sense of the brand's track record.
For a prospective franchisee, understanding the dynamics of outlet openings and closures is crucial for evaluating the investment opportunity. While one new opening in New Jersey during 2024 might seem modest, it's essential to consider the overall market conditions and the brand's strategic growth plans for the region. Further investigation into the reasons behind the opening and the performance of existing outlets would provide a more comprehensive understanding of the opportunity.