table_specific

How many Counselor Realty outlets in Minnesota were reacquired by the franchisor during 2024?

Counselor_Realty Franchise · 2025 FDD

Answer 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 during 2024, according to one table. The table provides data on outlet activity in Minnesota from 2022 through 2024. It specifically tracks the number of outlets reacquired by Counselor Realty.

Another table also indicates that zero outlets were reacquired by Counselor Realty in Minnesota during 2024. This second table tracks slightly different categories of outlet activity, such as outlets opened, closed, or sold to franchisees.

It is important to note that while both tables show zero reacquired outlets in Minnesota for 2024, they present slightly different figures for the total number of outlets at the start of each year. This discrepancy could be due to different accounting methods or definitions of what constitutes an 'outlet' within the Counselor Realty system. A prospective franchisee should clarify these discrepancies with the franchisor to gain a clear understanding of outlet activity and trends.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.