How many Corcoran outlets opened in Massachusetts during 2024?

According to Corcoran's 2025 Franchise Disclosure Document, there were 2 Corcoran outlets opened in Massachusetts during 2024. The table provided in Item 20 of the FDD details the status of franchised outlets from 2022 to 2024, offering a year-by-year breakdown of outlet activity across different states. This information is valuable for prospective franchisees as it offers insight into the brand's expansion and presence in specific geographic areas.

Specifically, the table lists the number of outlets at the start of each year, the number of outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year. For Massachusetts, the data shows a progression from 0 outlets at the start of 2022 to 2 outlets by the end of 2024. This detailed overview helps potential franchisees understand the dynamics of the Corcoran franchise network in Massachusetts and assess the opportunities and challenges in that market.

By examining these trends, prospective franchisees can gain a better understanding of Corcoran's growth trajectory and stability in different regions. The information presented in the table allows for a comparative analysis between states, highlighting areas with more or less activity. This can inform a franchisee's decision-making process, helping them identify potentially lucrative markets or areas where the brand may be facing challenges. Understanding these dynamics is crucial for making an informed investment decision and setting realistic expectations for franchise performance.