How many Christies International Real Estate outlets in Georgia 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
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 was one termination of a Christies International Real Estate outlet in Georgia during 2022. At the start of 2022, there were two outlets, and after the termination, there was one outlet at the end of the year.
This information is crucial for prospective franchisees as it provides insight into the stability and performance of Christies International Real Estate franchises in specific regions. A high number of terminations could indicate issues with the franchise model, market conditions, or franchisor-franchisee relationships. Conversely, a low number of terminations, as is the case in Georgia, might suggest a more stable and successful franchise environment.
It is important to note that terminations are just one aspect of franchise performance. Other factors, such as non-renewals and transfers, also contribute to a comprehensive understanding of the franchise system's health. Reviewing these figures in conjunction with the termination data can provide a more nuanced perspective for potential investors in Christies International Real Estate.