What was the total number of Face Foundrie franchised outlets at the end 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, at the end of 2023, there were 30 franchised outlets. This number reflects the brand's growth, with 19 franchised locations at the start of the year and an increase of 11 throughout 2023. This information is valuable for potential franchisees as it illustrates the expansion rate and overall size of the franchised network.
Specifically, the FDD provides a table that tracks the number of franchised outlets from 2022 to 2024, showing the changes year by year. For 2023, it details the number of outlets at the beginning and end of the year, as well as the net change. This level of detail can help prospective franchisees understand the dynamics of outlet growth within the Face Foundrie system.
Understanding the growth and changes in the number of franchised outlets can be crucial for potential investors. It provides insight into the brand's development trajectory and market penetration. Reviewing these figures in conjunction with other data in the FDD, such as financial performance representations and franchisee turnover rates, can offer a more comprehensive view of the franchise opportunity.