How many Focus Cfo outlets were opened in 2022?
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 |
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 is conflicting information regarding the number of outlets opened in 2022. One table indicates the net change in franchise outlets in 2022 was +21, with 105 outlets at the start of the year and 126 at the end. However, another table indicates that zero outlets were opened in 2022.
This discrepancy could be due to different methods of calculation or categorization within the FDD. It is important to note that the first table refers to the net change in 'Franchised' outlets, while the second table refers to the number of outlets opened. The net change could be influenced by factors such as closures or transfers, in addition to new openings.
A prospective Focus Cfo franchisee should seek clarification from the franchisor regarding these conflicting data points to understand the actual number of new franchise openings versus the net change in the number of franchise outlets during 2022. Understanding the reasons behind any discrepancies is crucial for making an informed investment decision.