Where is the Focus Cfo location used as the basis for the office space estimate?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
- (2) You will be required to maintain an office, which can be in your home. You may choose to obtain additional office space outside your home. The low end of this estimate assumes you will operate your franchised business out of your home. The high end of this estimate assumes you will lease a single desk office location with approximately 1,300 square feet. This estimate is based on a Focus CFO location near Columbus, Ohio and it includes the first months' rent, security deposit and other expenses that may need to be paid to the landlord prior to operating your franchised business. Depending on the terms of your lease agreement, the security deposit is typically returned at the end of the lease term, but the remaining costs are typically non-refundable.
Source: Item 7 — (FDD pages 13–14)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, the estimate for office space is based on a Focus Cfo location near Columbus, Ohio. The document notes that franchisees can operate from home, which would result in a lower real estate cost. However, if a franchisee chooses to lease office space, the high end of the estimate assumes a single desk office location of approximately 1,300 square feet.
The estimated cost for real estate and improvements ranges from $0 to $4,000. This figure includes the first month's rent, security deposit, and other expenses that may need to be paid to the landlord before operations begin. The security deposit is typically refundable at the end of the lease term, but the remaining costs are generally non-refundable.
Prospective Focus Cfo franchisees should research local real estate costs in their desired area to determine if the estimate provided in the FDD is accurate for their specific location. They should also carefully review the terms of any lease agreement, paying close attention to the security deposit and any other non-refundable costs. Understanding these costs is crucial for budgeting and financial planning when starting a Focus Cfo franchise.