How many Counselor Realty outlets in Minnesota had their agreements not renewed during 2024?
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 outlets in Minnesota that had their agreements not renewed during 2024. The data provided in the table shows the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
Specifically, for Minnesota in 2024, there were 5 outlets at the start of the year, no outlets opened, no terminations, no non-renewals, no outlets reacquired by the franchisor, and no outlets that ceased operations for other reasons. This resulted in 5 outlets at the end of the year.
This information is valuable for potential franchisees as it provides insight into the stability and turnover of Counselor Realty franchises in Minnesota. A history of non-renewals could indicate issues with franchisee satisfaction or the profitability of locations in that state, while a lack of non-renewals may suggest a stable and successful franchise system.