How many Christies International Real Estate outlets were operating in Arizona at the end of 2023?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 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 the End of the Year |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
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 1 outlet operating in Arizona at the end of 2023. The provided table details the number of outlets at the start of 2023, the number of outlets opened, terminations, non-renewals, re acquisitions by the franchisor, ceased operations/other reasons, and the number of outlets at the end of the year. For Arizona in 2023, there was 1 outlet at the start of the year, no outlets opened, no terminations, no non-renewals, no re acquisitions by the franchisor, no ceased operations/other reasons, resulting in 1 outlet at the end of the year.
This information is valuable for prospective franchisees as it provides a clear picture of the brand's presence and stability in Arizona. A consistent number of outlets suggests a stable market, but further investigation into the performance of that single outlet would be prudent. The absence of outlet openings or closures in 2023 could indicate a steady business environment or a lack of growth opportunities in the state.
It's important to note that these figures reflect the specific period of 2023 and may not be indicative of current conditions. Prospective franchisees should inquire about more recent data and the reasons behind any changes in outlet numbers. Understanding the dynamics of the Arizona market, including factors like competition and local economic conditions, is crucial for making an informed investment decision.