What was the total number of Christies International Real Estate outlets at the start of 2024?
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 2024, there were a total of 39 outlets. This number includes both franchised and company-owned outlets. Specifically, there were 36 franchised outlets and 3 company-owned outlets at the beginning of 2024.
It is important to note that these figures reflect the status as of the fiscal year-end, which is December 31. The FDD provides a detailed breakdown of outlet changes over the years, including openings, closures, and transfers. This information can be valuable for prospective franchisees to understand the dynamics of the Christies International Real Estate network.
Understanding the historical data on outlet numbers can help a potential Christies International Real Estate franchisee assess the stability and growth trends within the franchise system. Reviewing the net change in outlets each year provides insight into the overall health and expansion of the brand. This information, combined with other factors such as market analysis and financial performance, can contribute to a well-informed investment decision.