How many Focalpoint Coaching outlets opened in Rhode Island during 2022?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers | |---|---|---| | | 2023 | 0 | | | 2024 | 1 | | Georgia | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | Kansas | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 | | Missouri | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 | | Totals | 2022 | 2 | | | 2023 | 0 | | | 2024 | 2 | Table 3 Status of Franchised Outlets For years 2022 to 2024
| Col. 1 State | Col. 2 Year | Col. 3 Outlets at Start of Year | Col. 4 Outlets Opened | Col. 5 Termina tions | Col. 6 Non- Renewals | Col. 7 Reacquired By Franchisor | Col. 8 Ceased Operations - Other Reasons | Col.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 49–56)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, one outlet opened in Rhode Island during 2022. The table provided in Item 20 outlines the number of outlets opened, terminated, and the total number of outlets at the end of the year for each state. At the start of 2022, there were no Focalpoint Coaching outlets in Rhode Island.
For a prospective franchisee, this data indicates the growth and changes in the number of Focalpoint Coaching franchises across different states. The information can be used to assess market saturation and potential opportunities in specific regions. Reviewing the 'Outlets at Start of Year,' 'Outlets Opened,' 'Terminations,' and 'Outlets at End of the Year' columns provides a clear picture of the franchise's expansion and stability in each state.
It's important to note that past performance does not guarantee future results. Factors such as local market conditions, competition, and the franchisee's management skills can significantly impact the success of a Focalpoint Coaching franchise. Therefore, prospective franchisees should conduct thorough due diligence and consider these factors when evaluating the opportunity.