How many Corcoran outlets opened in Pennsylvania during 2023?
Corcoran Franchise · 2025 FDDAnswer from 2025 FDD Document
-| | Total Outlets | 2022 | 0 | | | 2023 | 0 | | | 2024 | 0 |
STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 TO 2024 [1]
(Table 3)
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations– Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Arizona | 2022 | 6 | 0 | 5 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 68–73)
What This Means (2025 FDD)
According to Corcoran's 2025 Franchise Disclosure Document, there were 2 outlets opened in Pennsylvania during 2023. The table provided in Item 20 of the FDD outlines the number of outlets opened in each state for the years 2022, 2023, and 2024. This table shows that in 2023, Pennsylvania had 2 Corcoran outlets open.
This information is valuable for potential franchisees as it provides insight into the brand's expansion and presence in specific states. The number of outlets opened can indicate the growth trajectory of Corcoran in different markets. It's important to note that past performance does not guarantee future results, but it can offer a sense of the brand's activity and success in various regions.
Prospective franchisees should consider these figures in conjunction with other factors, such as market demographics, competition, and the overall economic climate in Pennsylvania, to assess the potential for success in that specific area. Reviewing the number of terminations or closures in the same table can also provide a more comprehensive understanding of the stability and performance of Corcoran franchises in the state.