How many total Focus Cfo outlets were operating 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 total outlets operating at the start of 2024. This number is derived from the table summarizing outlet information for the years 2022-2024. The table shows the number of franchised outlets at the start of 2024 was 82, with no company-owned outlets. Therefore, the total number of Focus Cfo outlets at the beginning of 2024 was 82.
It is important to note that Focus Cfo experienced a net change of -23 outlets during 2024, reducing the total number of outlets to 59 by the end of the year. This decrease is attributed to franchisees terminating their Franchise Agreements and signing new License Agreements, as Focus Cfo no longer offers franchise opportunities to individuals wishing to operate as a CFO, as of April 1, 2023.
Prospective franchisees should be aware of this recent shift in Focus Cfo's business model, as it appears the company is moving away from traditional franchising for CFO roles. This could impact the long-term growth and support structure for franchisees, as the focus shifts towards a licensing model. Understanding the implications of this change is crucial for anyone considering investing in a Focus Cfo franchise.