How many Face Foundrie outlets opened in North Carolina during 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-
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 Face Foundrie outlets opened in North Carolina during 2023. The table provided in Item 20 of the FDD offers a detailed breakdown of outlet activity by state and year, including the number of outlets opened. This information is valuable for potential franchisees as it provides insight into the brand's expansion and performance in specific geographic areas.
Specifically, the table shows that at the start of 2023, there were no Face Foundrie locations in North Carolina. Throughout 2023, two new outlets were opened, bringing the total number of locations in the state to two by the end of the year. This detailed view allows prospective franchisees to assess the growth trajectory of Face Foundrie in North Carolina and compare it to other states.
Understanding the historical data on outlet openings and closures is crucial for making an informed investment decision. The information presented in Item 20 helps potential Face Foundrie franchisees evaluate the brand's performance and stability in different markets. This data-driven approach enables them to gauge the potential success of a franchise in their target location and assess the overall health of the franchise system.