How many company-owned Focus Cfo outlets were opened 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 opened in 2023. The table provided in Item 20 details the status of company-owned outlets from 2022 to 2024.
Specifically, the table shows that Focus Cfo had zero company-owned outlets at the start of 2023 and zero at the end of 2023. This indicates a net change of zero, meaning no new company-owned outlets were opened during that year.
This information is relevant for prospective franchisees as it provides insight into Focus Cfo's business model. The company appears to focus primarily on franchising rather than operating company-owned outlets. A potential franchisee might want to inquire about the reasons behind this strategy and how it could impact their own franchise operations.