How many company-owned Counselor Realty outlets were reacquired from franchisees in Minnesota during 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 no company-owned outlets reacquired from franchisees in Minnesota during 2024. The table provided in Item 20 of the FDD details outlet information by state and year, specifically addressing the number of outlets reacquired from franchisees.
The data shows that in Minnesota during 2024, the number of outlets reacquired from franchisees was zero. This indicates that Counselor Realty did not take back any franchised locations to operate as company-owned stores in Minnesota during that year.
This information is relevant for prospective franchisees as it provides insight into the stability of franchise ownership within the Counselor Realty system. The absence of re acquisitions could suggest a healthy relationship between the franchisor and franchisees, or it could reflect a strategy of not reacquiring failing or underperforming locations.