How many company-owned Focus Cfo outlets were opened in 2022?
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 opened in 2022. The provided table regarding the status of company-owned outlets for the years 2022-2024 indicates that the number of company-owned Focus Cfo outlets remained at zero for the entire year of 2022. The table shows that at the start of 2022, there were zero company-owned outlets, and by the end of 2022, the number remained at zero, resulting in a net change of zero.
This information is relevant for prospective franchisees as it provides insight into Focus Cfo's business model. The fact that Focus Cfo did not operate any company-owned outlets in 2022, and in fact, has not operated any from 2022-2024, suggests that the company's growth strategy relies solely on franchising rather than a mix of company-owned and franchised locations. This may indicate that Focus Cfo focuses its resources on supporting franchisees rather than managing its own outlets.
For a potential franchisee, this could mean that Focus Cfo's success is heavily dependent on the success of its franchisees. Therefore, it would be prudent to further investigate the support and training provided to franchisees, as well as the overall performance of existing franchise locations. Understanding the dynamics between Focus Cfo and its franchisees is crucial for making an informed investment decision.