How many Corcoran outlets were terminated in Nevada during 2022?

According to Corcoran's 2025 Franchise Disclosure Document, there were 8 terminations of Corcoran outlets in Nevada during 2022. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and outlets at the end of the year for various states.

Specifically, for Nevada in 2022, there were 8 outlets at the start of the year, no outlets opened, 8 terminations, no non-renewals, no outlets reacquired by the franchisor, no outlets that ceased operations for other reasons, resulting in 0 outlets at the end of the year. This indicates a complete cessation of Corcoran's franchised business operations in Nevada during that year.

This information is crucial for potential franchisees as it provides insight into the stability and performance of Corcoran franchises in specific geographic areas. A high number of terminations in a particular state could signal market challenges or issues with franchisor-franchisee relationships that warrant further investigation. It is important to note that terminations do not necessarily reflect negatively on the franchise system as a whole, but rather highlight the need for prospective franchisees to conduct thorough due diligence, including speaking with current and former franchisees in the relevant region to understand the reasons behind such terminations.