How many franchised Focus Cfo outlets were there at the start of 2023?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | 59 | -23 | |
| 2022 | 0 | 0 | 0 | |
| Company Owned | 2023 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | |
| 2022 | 105 | 126 | +21 | |
| Total Outlets | 2023 | 126 | 82** | -44* |
| 2024 | 82 | 59** | -23* |
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 126 franchised outlets at the start of 2023. This number reflects the total number of franchise locations operating under the Focus Cfo brand as of January 1, 2023.
It is important to note that Focus Cfo's franchise system experienced a significant decrease in the number of franchised outlets during 2023. The FDD indicates that the number of franchised outlets decreased from 126 at the start of the year to 82 by the end of 2023, representing a net change of -44. This decrease was due to Focus CFO offering existing franchisees the opportunity to terminate their Franchise Agreement and execute a License Agreement.
Prospective franchisees should carefully consider the trend in outlet numbers and the reasons behind the decrease in franchised locations. Understanding the shift from franchise agreements to license agreements is crucial for evaluating the long-term stability and direction of the Focus Cfo franchise system. It would be prudent to discuss this transition with the franchisor to gain a deeper understanding of its implications for franchisees.