What was the net change in the number of total Focus Cfo outlets during 2022?
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, the net change in the number of total Focus Cfo outlets during 2022 was an increase of 21. Specifically, the number of outlets at the start of 2022 was 105, and the number of outlets at the end of 2022 was 126. This indicates a period of growth for the franchise system during that year.
For a prospective franchisee, this information can be encouraging as it demonstrates the brand's ability to expand its footprint. However, it's important to consider this data in the context of more recent years. The FDD also shows that in subsequent years (2023 and 2024), the number of total outlets decreased. This suggests that while 2022 was a year of growth, the overall trend may not be consistently positive.
It is crucial for potential franchisees to investigate the reasons behind these changes. Understanding the factors that contributed to the growth in 2022, as well as the subsequent decline, can provide valuable insights into the stability and future prospects of the Focus Cfo franchise system. Further research and conversations with current and former franchisees are recommended to gain a comprehensive understanding.