What was the net change in the number of company-owned Focus Cfo outlets during 2024?
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 | 82 | -44 |
| 2024 | 82 | 5 |
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 the number of company-owned outlets during 2024 was 0. The table provided in Item 20 of the FDD details the status of company-owned outlets for the years 2022-2024. For each of these years, the number of outlets at the start and end of the year remained at 0, resulting in no net change.
This indicates that Focus Cfo does not operate any company-owned outlets. Instead, their business model relies solely on franchised locations. This is a common arrangement in franchising, where the franchisor focuses on brand development, training, and support, while franchisees manage the day-to-day operations of individual outlets.
For a prospective franchisee, this information suggests that Focus Cfo is not directly competing with its franchisees through company-owned locations. This can be seen as a positive aspect, as the franchisor's success is closely tied to the success of its franchisees. It also means that Focus Cfo likely derives its revenue from franchise fees and royalties rather than direct sales from company-operated stores.
It is important for potential franchisees to understand the implications of this business model. Since Focus Cfo does not have company-owned stores, franchisees may have limited opportunities to observe the franchisor's operational methods firsthand. Therefore, thorough due diligence, including speaking with existing franchisees and carefully reviewing the training and support provided by Focus Cfo, is crucial.