How many Counselor Realty outlets in Minnesota were terminated 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 no terminations of Counselor Realty outlets in Minnesota during 2022. The data shows that the number of outlets at the start of the year was 7, and the number of outlets at the end of the year remained at 7, with 0 terminations reported.
This indicates stability in the Minnesota market for Counselor Realty during that year. Potential franchisees can view this as a positive sign, suggesting that existing franchises are generally stable and not facing issues leading to termination.
However, it is important to note that this data only reflects terminations. Other factors, such as non-renewals or re acquisitions by the franchisor, could also impact the number of operating franchises. Reviewing these figures alongside the termination data provides a more complete picture of franchise stability. It is also important to note that the number of outlets decreased from 7 to 5 in 2023 due to non-renewals.