How many company-owned Focus Cfo outlets were sold to franchisees in 2023?
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 sold to franchisees in 2023. The table detailing the status of company-owned outlets from 2022 to 2024 indicates that in 2023, the number of company-owned outlets remained at zero. There were no outlets opened, reacquired from franchisees, closed, or sold to franchisees during that year. The number of company-owned outlets at the start and end of 2023 was zero.
This information is crucial for potential franchisees as it provides insight into the company's operational model. The fact that Focus Cfo did not sell any company-owned outlets to franchisees in 2023 suggests that the company is not actively divesting its own operations to franchisees. This could imply a preference for maintaining company control or a lack of company-owned locations to sell.
For a prospective franchisee, this data point highlights the importance of understanding Focus Cfo's growth strategy and whether it includes opportunities to acquire existing company-owned locations in the future. It also emphasizes that the primary path to becoming a Focus Cfo franchisee involves opening a new location rather than taking over an existing one.