How many franchised Counselor Realty outlets were operating at the start of 2023?
Counselor_Realty 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 | 7 | 7 | 0 |
| 2023 | 7 | 5 | -2 | |
| 2024 | 5 | 5 | 0 | |
| Company- | 2022 | 6 | 6 | 0 |
| Owned | ||||
| 2023 | 6 | 6 | 0 | |
| 2024 | 6 | 6 | 0 | |
| Total Outlets | 2022 | 13 | 13 | 0 |
| 2023 | 13 | 11 | -2 | |
| 2024 | 11 | 11 | 0 |
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 7 franchised outlets operating at the start of 2023. The FDD provides a table outlining the number of franchised outlets at the beginning and end of each year for 2022, 2023, and 2024.
Specifically, the table shows that Counselor Realty had 7 franchised outlets at the start of 2022, which remained the same at the end of the year. In 2023, the number of franchised outlets began at 7 and decreased to 5 by the end of the year, representing a net change of -2. By 2024, the number of franchised outlets remained stable at 5 throughout the year.
This information is valuable for potential franchisees as it provides insight into the stability and changes within the Counselor Realty franchise system over the past three years. A decrease in franchised outlets, as seen in 2023, could prompt further investigation into the reasons behind the change and the overall health of the franchise network.