What was the total revenue for Focus Cfo in 2024?
Focus_Cfo Franchise · 2025 FDDAnswer from 2025 FDD Document
ITY | 723,721 | 324,472 | | TOTAL LIABILITIES AND MEMBERS' EQUITY | $ 2,595,673 | $ 1,768,094 |
The accompanying notes are an integral part of these financial statements.
CONSOLIDATED STATEMENTS OF INCOME
Years Ending December 31, 2024, 2023 and 2022
| | 2024 | 2023 | 2022 | |------------------
Source: Item 23 — Receipts (FDD pages 37–126)
What This Means (2025 FDD)
According to Focus Cfo's 2025 Franchise Disclosure Document, the total revenue for 2024 was $26,515,326. This revenue is comprised of $25,903,981 in CFO services and $611,345 in franchise and license fees.
It is important for a prospective franchisee to understand the different sources of revenue for Focus Cfo. A significant portion of the revenue comes from CFO services, which are provided to small and medium-sized businesses. The remainder is generated from franchise and license fees, which are paid by franchisees and licensees for the right to operate under the Focus Cfo brand and system.
Analyzing the revenue streams can help a potential franchisee assess the stability and growth potential of Focus Cfo. The FDD also shows revenue figures for 2023 and 2022, which allows for a year-over-year comparison. In 2023, total revenue was $20,477,315, and in 2022, it was $16,500,779. This indicates a trend of increasing revenue for Focus Cfo over the three-year period.