How many franchised Focus Cfo outlets were there at the start of 2024?
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 82 franchised outlets at the start of 2024. This number reflects the total number of franchise locations operating under the Focus Cfo brand as of January 1, 2024. This figure is important for prospective franchisees to understand the size and scale of the franchise system they are considering joining.
It is important to note that Focus CFO has been transitioning its business model, moving away from traditional franchise agreements for CFOs and instead offering license agreements. This shift, which began in April 2023, has resulted in a decrease in the number of franchised CFO outlets as franchisees transitioned to licensees. The 2025 FDD indicates that this trend continued through 2024, with additional franchisees terminating their franchise agreements to sign license agreements.
For a potential franchisee, this information highlights the evolving nature of the Focus Cfo business model. While the number of franchised outlets provides a snapshot of the system's size, the transition to license agreements suggests a strategic shift that could impact the support, obligations, and overall experience of franchisees joining the system. It would be prudent for prospective franchisees to inquire about the reasons behind this shift and its potential long-term implications for the franchise network.