Does Focus Cfo have any company owned locations?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
EE INFORMATION**
SYSTEM WIDE OUTLET SUMMARY FOR YEARS 2022-2024
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 105 | 126 | +21 | |
| Franchised | 2023 | 126 | 82 | -44 |
| 2024 | 82 | 59 | -23 | |
| 2022 | 0 | 0 | 0 | |
| Company Owned | 2023 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | |
| 2022 | 105 | 126 | +21 | |
| Total Outlets | 2023 | 126 | 82** | -44* |
| 2024 | 82 | 59** | -23* |
*Effective April, 1, 2023, due to the evolution of our system, we no longer offer franchise opportunities to individuals wishing to operate as a CFO. Focus CFO offered all existing Franchisees who were operating as CFOs under a Franchise Agreement the opportunity to terminate their Franchise Agreement and execute a License Agreement. From April 1 through December 31, 2023, 43 CFOs who were Franchisees mutually terminated their Franchise Agreement with Focus CFO and signed new License Agreements. From January 1 through December 31, 2024, 29 CFOs who were Franchisees mutually terminated their Franchise Agreement with Focus CFO and signed new License Agreements.
** The 82 Outlets open as of December 31, 2023 consist of 35 franchises operating as Area Presidents and 47 operating as CFOs. The 59 Outlets open as of December 31, 2024 consist of 46 franchises operating as Area Presidents and 13 operating as CFOs.
TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR FOR YEARS 2022-2024*
| State | Year | Number of Transfers |
|---|---|---|
| 2022 | 0 | |
| Total | 2023 | 0 |
| 2024 | 0 |
*No Franchise Agreements have been transferred to a new Franchisee for any Franchisee who ceased to do business and/or terminated their franchise agreements during the years 2022 through 2024.
STATUS OF FRANCHISE OUTLETS FOR YEARS 2022-2024
| State | Year | Number of Transfers |
|---|---|---|
| Total | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 |
STATUS OF COMPANY-OWNED OUTLETS FOR YEARS 2022-2024
| State | Year | Outlets | Outlets | Outlets | Outlets | Outlets | Outlets |
|---|---|---|---|---|---|---|---|
| at Start | Opened | Reacquired | Closed | Sold to | at End of | ||
| of Year | from | Franchisee | the Year | ||||
| Franchisee | |||||||
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Total | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 |
PROJECTED OPENINGS AS OF DECEMBER 31, 2025
| Franchise Agreement Signed but Outlet Not Yet Opened | Projected New Franchised Outlets in the Next Fiscal Year | Projected New Company-Owned Outlets in the Next Fiscal Year | |
|---|---|---|---|
| Indiana | 0 | 1 | 0 |
| Kentucky | 0 | 1 | 0 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 33–37)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, Focus Cfo did not have any company-owned outlets during the years 2022, 2023, and 2024. The FDD indicates that for each of these years, the number of company-owned outlets remained at zero. Furthermore, Focus Cfo does not project to open any new company-owned outlets in the next fiscal year in the states listed.
Specifically, the provided table regarding the status of company-owned outlets for 2022-2024 shows that the number of company-owned outlets at the start and end of each year was zero, resulting in a net change of zero for each year. This indicates that Focus Cfo's business model relies solely on franchising, without direct operation of company-owned locations.
For a prospective franchisee, this information suggests that Focus Cfo is primarily focused on supporting and expanding its franchise network rather than competing with its franchisees through company-owned outlets. This could be seen as a positive aspect, as it aligns the franchisor's interests more closely with the success of its franchisees. However, it also means that franchisees may not have the opportunity to learn from or compare their performance against company-owned locations.