How many Christies International Real Estate outlets were sold to 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 sold to franchisees in Illinois during 2022. However, one outlet was opened in Illinois during that same year. At the start of 2022, there were no Christies International Real Estate outlets in Illinois, and by the end of 2022, there was one outlet.
This data indicates that while Christies International Real Estate did not sell any existing outlets to new franchisees in Illinois in 2022, they did expand their presence by opening a new outlet. For a prospective franchisee, this could mean that opportunities in Illinois might be focused on establishing new locations rather than acquiring existing ones.
It's important to note that the table provides a snapshot of outlet activity, including openings, closures, and transfers. Reviewing this table over several years can reveal trends in market growth and franchisee turnover, which are crucial for making informed investment decisions. The absence of outlet sales to franchisees in Illinois during 2022 could be due to various factors, such as a preference for new establishments or a lack of existing franchisees looking to sell.