How many Focus Cfo outlets were opened in 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 no Focus Cfo outlets opened in 2023. The provided table in Item 20 shows the number of outlets at the start and end of the year, as well as the net change, but it does not specify the number of outlets opened during the year.
Specifically, the table provides data on the number of franchise and company-owned outlets at the beginning and end of 2023. For franchised outlets, there were 126 at the start of the year and 82 at the end, resulting in a net decrease of 44. For company-owned outlets, the number remained at 0 throughout the year. The total number of outlets decreased from 126 to 82 in 2023.
While the table shows a net decrease in franchised outlets, it does not break down the changes into new openings versus closures or terminations. A prospective franchisee should seek clarification from Focus Cfo regarding the number of new franchise openings in 2023 to gain a clearer understanding of the system's growth and stability.