Is Focus Cfo making any representation about a Franchisee's future financial performance?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
We do not make any representation about a Franchisee's future financial performance or the past financial performance of company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with actual records of that outlet. If you receive any other financial performance information or projections of your future income, you should report it to the franchisor's management by contacting David Tramontana, President of Focus CFO, 575 Charring Cross Drive, Suite 102, Westerville, Ohio 43081, d.tramontana@focuscfo.com, (614)-944-5760, the Federal Trade Commission, and the appropriate state regulatory agencies.
Source: Item 19 — Financial Performance Representations (FDD page 33)
What This Means (2025 FDD)
According to the 2025 Focus Cfo Franchise Disclosure Document, Focus Cfo does not make any representations about a franchisee's future financial performance. This means that Focus Cfo does not provide any guarantees or projections regarding the potential income, revenue, or profitability a franchisee might achieve. They also do not make any representations about the past financial performance of company-owned or franchised outlets.
This policy extends to Focus Cfo's employees and representatives, who are not authorized to make any financial performance representations, either orally or in writing. This is a common practice in franchising due to the numerous factors that can influence a franchisee's financial success, many of which are outside the franchisor's control.
However, if a prospective franchisee is considering purchasing an existing Focus Cfo outlet, Focus Cfo may provide the actual financial records of that specific outlet. This allows the potential buyer to review the historical performance of the business they are considering acquiring. The FDD advises that if a potential franchisee receives any other financial performance information or projections, they should report it to Focus CFO's management, the Federal Trade Commission, and the appropriate state regulatory agencies. This is to ensure transparency and prevent unauthorized or misleading claims.
Prospective franchisees should be aware that any financial projections or income claims received from sources other than the official records of an existing outlet should be treated with caution and independently verified. It is essential to conduct thorough due diligence and rely on professional financial advice when evaluating the potential financial performance of a Focus Cfo franchise.