How many Christies International Real Estate outlets were operating in Michigan at the start of 2022?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
-|---------------------| | State | Year | Number of Transfers | | TOTAL | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 |
TABLE NUMBER 3 Status of Franchised Outlets
| 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 | Out |
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 2 outlets operating in Michigan at the start of 2022. The table provided in Item 20 of the FDD outlines the status of outlets, including the number at the start of the year, outlets opened, terminations, non-renewals, and outlets at the end of the year. This information is useful for prospective franchisees to understand the historical growth and changes in the number of Christies International Real Estate locations in specific states.
The table also shows that during 2022, Christies International Real Estate opened 1 outlet and had 1 termination in Michigan, resulting in 2 outlets at the end of the year. Reviewing this type of data over several years, as presented in the table, can help potential franchisees identify trends in outlet openings, closures, and overall stability within the franchise system in a particular state.
It is important to note that the data reflects changes that have occurred in the past and may not be indicative of future performance. Factors such as local market conditions, competition, and the franchisee's management capabilities can significantly impact the success and longevity of a Christies International Real Estate franchise. Therefore, while this historical data provides a useful overview, prospective franchisees should also conduct their own due diligence and market research to assess the potential for success in their specific area of interest.