Did any Christies International Real Estate outlets transfer from franchisee to new owners in 2022?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
Note to this Table 4 of Item 20:
(1) Our affiliate, Christie's International Real Estate Group, LLC, operated one affiliate-owned brokerage that is based in Manhattan, New York, the assets of which were sold in 2022.
Table No. 5 Projected Openings as of December 31, 2024
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, Table Number 2, which would provide information on transfers of outlets from franchisee to new owners, is not included in the provided excerpts. Therefore, it is not possible to determine from this document whether any Christies International Real Estate outlets transferred from a franchisee to a new owner in 2022.
However, Table Number 4, Status of Company-Owned Outlets, includes a note that Christie's International Real Estate Group, LLC, sold the assets of one affiliate-owned brokerage based in Manhattan, New York in 2022. This was a sale of a company-owned outlet, not a transfer from a franchisee to a new owner.
To gain clarity on franchisee-to-new-owner transfers, a prospective Christies International Real Estate franchisee should ask the franchisor directly for details on any such transfers that occurred in 2022. Specifically, they should request the information that would typically be found in Table Number 2 of Item 20.