What was the total number of Christies International Real Estate outlets at the start of 2023?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised* | 2022 | 39 | 33 | -6 |
| 2023 | 33 | 36 | 3 | |
| 2024 | 36 | 33 | -3 | |
| Company-Owned | 2022 | 1 | 3 | 2 |
| 2023 | 3 | 3 | 0 | |
| 2024 | 3 | 3 | 0 | |
| Total Outlets | 2022 | 40 | 36 | -4 |
| 2023 | 36 | 39 | 3 | |
| 2024 | 39 | 36 | -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, at the start of 2023, there were a total of 36 outlets. This number includes both franchised and company-owned outlets. Specifically, there were 33 franchised outlets and 3 company-owned outlets at the beginning of 2023.
For a prospective franchisee, this information provides a snapshot of the Christies International Real Estate network size at that time. It's important to note that the number of outlets can fluctuate, as seen by the net change of 3 outlets by the end of 2023, bringing the total to 39. Monitoring these changes over time can give potential franchisees an idea of the brand's growth trajectory and stability.
It is also important to note that the numbers are as of the fiscal year-end, with each fiscal year ending on December 31. This means the data reflects the status at a specific point in time and may not capture intra-year changes. Reviewing outlet counts for multiple years can reveal trends and potential areas of growth or decline within the Christies International Real Estate franchise system.