How many company-owned Focus Cfo outlets were closed in 2023?
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 | 5 |
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, there were no company-owned outlets closed in 2023. The table provided in Item 20 outlines the status of company-owned outlets from 2022 to 2024.
Specifically, the data shows that Focus Cfo had zero company-owned outlets at the start of 2023, zero outlets opened, zero reacquired from franchisees, zero closed, zero sold to franchisees, and zero at the end of the year. This indicates that Focus Cfo does not operate any company-owned outlets, and this remained consistent throughout 2023.
For a prospective franchisee, this information suggests that Focus Cfo's business model relies solely on franchising, without the franchisor directly competing with its franchisees through company-owned locations. This could be seen as a positive aspect, as the franchisor's revenue is derived from supporting and growing the franchise network rather than prioritizing its own company-owned operations.