How many Corcoran outlets opened in Tennessee during 2022?
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 |
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 was one Corcoran outlet opened in Tennessee during 2022. At the start of 2022, there were no Corcoran outlets in Tennessee. By the end of 2022, there was one outlet.
This indicates a potential growth opportunity for franchisees looking to establish a presence in Tennessee. However, it's important to note that the presence remained at one outlet through 2023 and 2024, suggesting that while there was initial expansion, further growth has been stagnant in recent years.
Prospective franchisees should investigate the reasons behind the lack of subsequent growth, such as market saturation, franchisee performance, or other factors. Understanding these dynamics is crucial for making an informed investment decision.