How many Christies International Real Estate outlets in Florida were terminated in 2022?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
-------|------------------|-----------------|--------------------------------|--------------------------------------------|--------------------------------------| | State | Year | Outlets at the Start of the Year | Outlets Opened | Termina tions | Non Renewals | Reacquired by Franchisor | Ceased Operations / Other Reasons | Outlets at the End of the Year | | Arizona | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Column 1 | Column 2 | Column 3 | Column 4 | Column 5 | Column 6 | Column 7 | Column 8 | Column 9 | | State | Year | Outlets at the Start of the Year | Outlets Opened | Termina tions | Non Renewals | Reacquired by Franchisor | Ceased Operations / Other Reasons | Outlets at
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 47–53)
What This Means (2025 FDD)
According to Christies International Real Estate's 2025 Franchise Disclosure Document, there were two terminations of Christies International Real Estate franchises in Florida during 2022. Additionally, one franchise in Florida was not renewed during that same year. At the start of 2022, there were eight Christies International Real Estate outlets in Florida.
This data indicates the net change in the number of Christies International Real Estate franchises in Florida during 2022. While two franchises were terminated and one was not renewed, two new franchises opened, resulting in a total of seven Christies International Real Estate outlets in Florida at the end of 2022.
Prospective franchisees should consider the reasons behind terminations and non-renewals, as these could indicate issues with the franchise system, market conditions, or franchisee performance. Further investigation into these specific instances may provide valuable insights for potential investors.