What was the total number of Focus Cfo franchised outlets at the end of 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 |
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, at the end of 2022, there were 126 franchised outlets. This number is part of a broader table that tracks the changes in outlet numbers over the years 2022, 2023, and 2024. The table also includes the number of outlets at the start of each year and the net change in outlets during the year.
For a prospective franchisee, this data provides insight into the historical growth and contraction of the Focus Cfo franchise system. The increase of 21 franchised outlets during 2022 suggests a period of expansion. However, the subsequent years, 2023 and 2024, show a decrease in the number of franchised outlets, which may indicate changes in the franchise's strategy or challenges within the system.
It is important to note that Focus CFO offered existing franchisees operating as CFOs the opportunity to terminate their Franchise Agreement and execute a License Agreement. From April 1 through December 31, 2023, 43 CFOs who were Franchisees mutually terminated their Franchise Agreement with Focus CFO and signed new License Agreements. From January 1 through December 31, 2024, 29 CFOs who were Franchisees mutually terminated their Franchise Agreement with Focus CFO and signed new License Agreements. This shift could explain some of the decrease in franchised outlets and a strategic pivot within the Focus Cfo business model.
Prospective franchisees should investigate the reasons behind these changes and understand the current focus of Focus Cfo's franchise strategy. Understanding the distinction between franchisees and licensees, and the implications of each, is crucial for making an informed investment decision.