What was the total number of Face Foundrie outlets at the end of 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 |
|---|---|---|---|---|
| Franchised | 2022 | 7 | 19 | +12 |
| 2023 | 19 | 30 | +11 | |
| 2024 | 30 | 48 | +18 | |
| Company-Owned or | 2022 | 3 | 4 | +1 |
| Affiliate-Owned Outlets | ||||
| 2023 | 4 | 6 | +2 | |
| 2024 | 6 | 5 | -1 | |
| Total Outlets | 2022 | 10 | 23 | +13 |
| 2023 | 23 | 36 | +13 | |
| 2024 | 36 | 53 | +17 |
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 2024, there were a total of 53 outlets. This number includes both franchised and company-owned or affiliate-owned outlets. Specifically, there were 48 franchised outlets and 5 company-owned or affiliate-owned outlets.
For a prospective franchisee, this indicates the overall size and scale of the Face Foundrie system. It shows the growth trajectory over the past few years, with the total number of outlets increasing from 10 in 2022 to 53 in 2024. This growth may suggest increasing brand recognition and market penetration.
It's important to note the breakdown between franchised and company-owned outlets. The majority of Face Foundrie locations are franchised, which is a common model in the franchise industry. However, the presence of company-owned locations could mean that Face Foundrie uses these to test new markets or strategies before offering them to franchisees. A prospective franchisee might want to inquire about the role and performance of these company-owned locations during their due diligence.