How many company-owned Counselor Realty outlets were located in Minnesota at the end of 2024?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlet Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Minnesota | 2022 | 6 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 0 | 0 | 0 | 0 | 6 | |
| Totals | 2022 | 6 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 0 | 0 | 0 | 0 | 6 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 30–31)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, there were 6 company-owned outlets in Minnesota at the end of 2024. The provided table tracks the number of company-owned Counselor Realty outlets in Minnesota over the past three years.
Specifically, the table shows that at the start of 2024, there were 6 company-owned outlets in Minnesota. Throughout 2024, there were no additional outlets opened, reacquired from franchisees, closed, or sold to franchisees. Therefore, the number of company-owned Counselor Realty outlets remained constant at 6 throughout 2024, ending the year with 6 outlets.
This information is valuable for prospective franchisees as it provides insight into the stability and presence of company-owned operations within Minnesota. It's important to note that while the number of company-owned outlets remained constant, the number of franchised outlets decreased from 7 to 5 between 2022 and 2024, which could indicate a shift in the company's strategy or market dynamics within the state.