How many company-owned Counselor Realty outlets were located in Minnesota at the start of 2022?
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 start of 2022. The document also indicates that there were 7 franchised outlets in Minnesota at the start of 2022. Throughout 2022, there were no changes to the number of company-owned outlets.
For prospective franchisees, this information provides a historical view of Counselor Realty's company-owned presence in Minnesota. It shows the stability in the number of company-owned locations, which could indicate a consistent corporate strategy in the state.
It is important to note that while the number of company-owned stores remained constant, the number of franchised locations decreased in the following year. Reviewing the complete Item 20 data in the FDD can give potential franchisees insights into Counselor Realty's overall growth and stability.