How many Counselor Realty outlets in Minnesota had their agreements not renewed during 2022?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlet Opened | Terminations | Non- renewals | Reacquired by Franchisor | Ceased Opera- tions Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Minnesota | 2022 | 7 | 0 | 0 | 0 | 0 | 0 | 7 |
| 2023 | 7 | 0 | 0 | 2 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 | |
| Totals | 2022 | 7 | 0 | 0 | 0 | 0 | 0 | 7 |
| 2023 | 7 | 0 | 0 | 2 | 0 | 0 | 5 | |
| 2024 | 5 | 0 | 0 | 0 | 0 | 0 | 5 |
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 zero non-renewals of franchise agreements in Minnesota during 2022. The table provided in Item 20 of the FDD details the franchise outlet information for Minnesota. It shows that at the start of 2022, there were 7 outlets, and by the end of the year, there were still 7 outlets.
Specifically, the table indicates that there were 0 terminations, 0 non-renewals, and 0 outlets reacquired by Counselor Realty in Minnesota during 2022. This suggests that all franchise agreements that were up for renewal during that year were successfully renewed, and no franchise agreements were terminated by either party.
For a prospective franchisee, this information can be reassuring, as it indicates stability within the Counselor Realty franchise system in Minnesota. However, it is important to note that past performance is not necessarily indicative of future results. A prospective franchisee should still conduct thorough due diligence, including speaking with current and former franchisees, to assess the overall health and stability of the franchise system.