How many company-owned Focus Cfo outlets were closed in 2024?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
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 2024. The provided table regarding the status of company-owned outlets for the years 2022-2024 indicates that the number of company-owned Focus Cfo locations remained at zero throughout this period.
Specifically, the table shows that at the start of 2024, Focus Cfo had zero company-owned outlets. Throughout 2024, the number of outlets opened, reacquired from franchisees, sold to franchisees, and closed remained at zero. Consequently, the number of company-owned outlets at the end of 2024 also remained at zero.
This information is valuable for prospective franchisees as it clarifies that Focus Cfo primarily operates through a franchise model rather than company-owned stores. This may suggest that the franchisor's revenue and support systems are geared towards franchisees rather than managing company-owned locations, which could impact the type of support and resources available to franchisees.