How many total Focus Cfo outlets were operating 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 total Focus Cfo outlets operating at the start of 2023. This number includes both franchised and company-owned outlets. None of the Focus CFO outlets are company-owned. Therefore, all 126 outlets were franchised.
It is important to note that the number of Focus Cfo outlets decreased significantly during 2023, from 126 at the start of the year to 82 by the end of the year. This decrease of 44 outlets is attributed to existing franchisees terminating their Franchise Agreements and signing new License Agreements.
A prospective franchisee should investigate the reasons behind this significant decrease in franchised outlets and the transition to license agreements. Understanding the differences between the franchise and license agreements, and the motivations of existing franchisees for switching, is crucial for making an informed investment decision.