How many Counselor Realty outlets in Minnesota were reacquired by the franchisor during 2023?
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 reacquired by the franchisor in 2023. The table provided in Item 20 of the FDD details outlet information by state and year, including reacquired outlets.
Specifically, for Minnesota in 2023, the 'Reacquired by Franchisor' column indicates a value of 0. This means that Counselor Realty did not take back any franchised locations in Minnesota during that year.
Potential franchisees can use this information to understand the stability of the franchise network and the likelihood of the franchisor needing to reacquire locations. A high number of reacquired locations could indicate issues with franchisee performance or support.