What was the net change in franchised Focus Cfo outlets during 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 |
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, the net change in franchised outlets during 2023 was a decrease of 44. The number of franchised outlets started at 126 at the beginning of 2023 and ended at 82 by the end of the year. This substantial decrease is further explained in the FDD, noting that Focus CFO offered existing CFO franchisees the opportunity to terminate their Franchise Agreement and instead sign a License Agreement.
This change reflects a significant shift in Focus CFO's business model, moving away from franchising CFO roles and towards licensing agreements. For a prospective franchisee, this indicates that traditional franchise opportunities for CFO roles are no longer available, as of April 1, 2023. The document highlights that 43 CFO franchisees transitioned to license agreements between April 1 and December 31, 2023, contributing to the net decrease in franchised outlets.
It is important for potential franchisees to understand the distinction between a franchise agreement and a license agreement, as the terms, obligations, and support provided by Focus CFO may differ significantly under each arrangement. While the FDD provides data on the number of franchise terminations and transitions to licensing agreements, it does not detail the specific terms and conditions of these new license agreements. Therefore, prospective franchisees should inquire about the details of the current licensing program and how it compares to the former franchise model.