In what states did Christies International Real Estate open one outlet in 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, in 2022, the brand opened one outlet each in California, Georgia, and Illinois. The FDD also indicates that in 2022, one company-owned outlet in New York was sold to franchisees, resulting in a net change of zero outlets in that state for the year.
For a prospective franchisee, this information indicates the states where Christies International Real Estate is actively expanding. Seeing growth in these specific states may suggest stronger market opportunities or more focused support from the franchisor in those regions. However, it is important to note that past performance does not guarantee future results, and market conditions can change.
It is also worth noting that the table includes data on outlets reacquired from franchisees, outlets closed, and outlets sold to franchisees. Reviewing these figures can provide a more comprehensive understanding of the stability and turnover within the Christies International Real Estate franchise system. A high number of closures or re acquisitions could signal potential challenges or risks associated with the franchise.