How many Christies International Real Estate outlets were reacquired from franchisees in Illinois during 2022?
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 |
|---|---|---|---|---|---|---|---|
| State | Year | Outlets at the Start of the Year | Outlets Opened | Outlets Reacquired From Franchisees | Outlets Closed | Outlets Sold to Franchisees | Outlets at the End of the Year |
| California | 2022 | 0 | 1 | 0 | 0 | 0 | 1 |
| Column 1 State | Column 2 Year | Column 3 Outlets at the Start of the Year | Column 4 Outlets Opened | Column 5 Outlets Reacquired From Franchisees | Column 6 Outlets Closed | Column 7 Outlets Sold to Franchisees | Column 8 Outlets at the End of the Year |
| ------------------- | ------------------ | ---------------------------------------------------- | ------------------------------- | ---------------------------------------------------------- | ------------------------------- | ----------------------------------------------- | -------------------------------------------------- |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Georgia | 2022 | 0 | 1 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Illinois | 2022 | 0 | 1 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
| New York (1) | 2022 | 1 | 0 | 0 | 0 | -1 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| TOTAL | 2022 | 1 | 3 | 0 | 0 | -1 | 3 |
| 2023 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 3 |
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 zero outlets reacquired from franchisees in Illinois during 2022. The table provided in Item 20 outlines the status of outlets, including those reacquired from franchisees.
The table shows that in 2022, Christies International Real Estate started the year with zero outlets in Illinois, opened one new outlet, reacquired zero outlets from franchisees, closed zero outlets, sold zero outlets to franchisees, and ended the year with one outlet. This indicates that while Christies International Real Estate expanded its presence in Illinois by opening a new location, it did not reacquire any existing franchised businesses during that year.
For a prospective franchisee, this data suggests that Christies International Real Estate is not actively reacquiring franchises in Illinois. This could mean that franchisees in Illinois are generally successful and choose to continue operating their businesses, or that Christies International Real Estate prefers to grow through new franchise locations rather than reacquiring existing ones. It is important to note that the absence of re acquisitions does not guarantee success, and prospective franchisees should still conduct thorough due diligence before investing.