How many Christies International Real Estate outlets were operating in Arizona at the start of 2024?
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 one outlet operating in Arizona at the start of 2024. The provided table in Item 20 outlines the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for various states.
For a prospective franchisee, this indicates the existing presence of the Christies International Real Estate brand in Arizona. With only one outlet at the start of 2024, there may be potential for growth and expansion in the state. However, it's important to note that no new outlets opened in Arizona during 2024, and there were no terminations, non-renewals or closures, meaning the number of outlets remained constant throughout the year.
It is important to consider this information in conjunction with other factors, such as market demand, competition, and the franchisor's strategic plans for the region. Further research and due diligence are essential to assess the viability of a Christies International Real Estate franchise in Arizona.