What was the total net change in Focus Cfo outlets in 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 total net change in the number of franchised outlets in 2022 was an increase of 21. The number of franchised outlets started at 105 at the beginning of 2022 and ended the year at 126. There was no change in company-owned outlets during 2022; the number remained at zero. Therefore, the total net change for all Focus Cfo outlets in 2022 was an increase of 21.
This information is crucial for prospective franchisees as it provides a historical overview of the franchise system's growth. A positive net change, such as the increase of 21 outlets in 2022, can indicate a healthy and expanding franchise system. However, it is important to consider this figure in the context of subsequent years, as the document also shows a decrease in franchised outlets in 2023 and 2024.
It is also important to note that Focus CFO offered existing Franchisees who were operating as CFOs under a Franchise Agreement the opportunity to terminate their Franchise Agreement and execute a License Agreement. This evolution of the Focus Cfo system may have an impact on the number of franchise outlets. A prospective franchisee should investigate the reasons for changes in outlet numbers and the implications of the shift from Franchise Agreements to License Agreements.