What was the regional administration expense for Focus Cfo in 2022?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
um operating lease payments through the lease expiration date:
| 2025 | 23,917 |
|---|---|
| 2026 | 23,917 |
| 2027 | 21,923 |
| Total lease payments | 69,757 |
| Less: interest | (7,277) |
| Right of use liability | $ 62,480 |
The lease for other office space which the Company utilized in 2022 was executed by the Majority Owner and was not considered a formal lease. The M
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, the company leased office space in 2022 under an agreement executed by the Majority Owner, which was not considered a formal lease. Focus CFO was charged 50% of the monthly rent expense for its use of the space.
For the period ending December 31, 2022, Focus CFO paid $17,457 in rent expense to the Majority Owner. The lease concluded in November 2022.
As a prospective franchisee, it's important to note that this figure represents Focus CFO's rent expense for a portion of office space, not necessarily a comprehensive 'regional administration expense'. This detail provides insight into the franchisor's operational costs, specifically regarding office space, during that period.