What was the total number of Corcoran outlets at the end of 2023?
Corcoran 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 | 118 | 76 | (42) |
| 2023 | 76 | 88 | 12 | |
| 2024 | 88 | 109* | 21 | |
| Company | 2022 | 28 | 29 | 1 |
| Owned | ||||
| 2023 | 29 | 28 | 1 | |
| 2024 | 28 | 25 | (3) | |
| Total Outlets | 2022 | 147 | 105 | (42) |
| 2023 | 105 | 116 | 11 | |
| 2024 | 116 | 134 | 18 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 68–73)
What This Means (2025 FDD)
According to Corcoran's 2025 Franchise Disclosure Document, the total number of outlets at the end of 2023 was 116. This number includes both franchised and company-owned outlets.
Specifically, the FDD indicates that there were 88 franchised outlets and 28 company-owned outlets at the close of 2023. This represents a net increase of 12 franchised outlets and a net decrease of 1 company-owned outlet during that year.
Prospective franchisees can use this historical data to understand the growth and changes within the Corcoran franchise system. It's important to note that past performance does not guarantee future results, but it can provide valuable insights into the stability and expansion of the franchise.