What was the net change in total Focus Cfo outlets in 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, the net change in the number of total outlets during 2024 was a decrease of 23. At the start of 2024, Focus Cfo had 82 total outlets, which decreased to 59 by the end of the year.
It is important to note that this decrease in franchise outlets is related to Focus Cfo offering existing franchisees, who were operating as CFOs, the opportunity to terminate their franchise agreement and instead sign a license agreement. In 2024, 29 CFOs transitioned from franchise agreements to license agreements. This shift reflects a change in Focus Cfo's business model, as they no longer offer franchise opportunities to individuals wishing to operate as CFOs.
For a prospective franchisee, this data indicates a significant shift in the Focus Cfo business structure. While the total number of franchise outlets decreased, the number of Area President franchises increased from 35 to 46, while CFO franchises decreased from 47 to 13. Understanding the implications of this shift, and the differences between a franchise agreement and a license agreement, is crucial for anyone considering investing in a Focus Cfo franchise.