What was the net change in the number of company-owned or affiliate-owned Face Foundrie outlets during 2024?
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 |
|---|---|---|---|---|
| Company-Owned or | 2022 | 3 | 4 | +1 |
| Affiliate-Owned Outlets | ||||
| 2023 | 4 | 6 | +2 | |
| 2024 | 6 | 5 | -1 |
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, the net change in the number of company-owned or affiliate-owned outlets during 2024 was -1. This means that Face Foundrie closed one more company-owned or affiliate-owned location than it opened during that year. At the start of 2024, there were 6 company-owned or affiliate-owned outlets, and by the end of the year, there were 5.
For a prospective franchisee, this information indicates the performance and strategic decisions regarding company-owned locations. A decrease in company-owned stores could signal a shift in focus towards franchising, potential difficulties in managing company-owned stores, or a combination of both. Understanding the reasons behind this net change can provide valuable insights into Face Foundrie's overall business strategy and its support for franchisees.
It's important for potential franchisees to inquire about the reasons for the decrease in company-owned stores. Understanding whether this was a strategic decision or a reflection of operational challenges can help in evaluating the stability and growth potential of the Face Foundrie franchise system. Additionally, it would be beneficial to investigate the performance metrics of both franchised and company-owned locations to assess the relative success of each model within the Face Foundrie network.