How many franchised Counselor Realty outlets were operating at the start of 2024?
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 |
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 5 franchised outlets operating at the start of 2024. This number is based on the system-wide outlet summary for the past three years, specifically the data provided for franchised outlets. In 2023, there were 7 franchised outlets at the start of the year, which decreased to 5 by the end of the year. This indicates a net change of -2 franchised outlets during 2023.
It's important to note that these figures reflect the total number of franchised Counselor Realty outlets across all states where the franchise operates. Potential franchisees should be aware of these trends, as they provide insight into the stability and growth (or decline) of the franchise system. A decrease in the number of franchised outlets could be due to several factors, such as terminations, non-renewals, or reacquisition by the franchisor.
Prospective franchisees should investigate the reasons behind the decrease in franchised outlets during 2023 to better understand the health and stability of the Counselor Realty franchise system. Understanding the causes of outlet closures or non-renewals can help a potential franchisee assess the risks and opportunities associated with investing in a Counselor Realty franchise.