How many Counselor Realty outlets in Minnesota were terminated 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 terminations of Counselor Realty franchises in Minnesota during 2024. The data provided in the table shows the number of outlets at the start and end of the year, as well as changes due to openings, terminations, non-renewals, re acquisitions by the franchisor, and other reasons for ceased operations.
Specifically, for Minnesota in 2024, there were 5 outlets at the start of the year and 5 at the end of the year. There were no franchise terminations, non-renewals or re acquisitions by the franchisor. This indicates that all Counselor Realty franchises in Minnesota remained operational throughout 2024.
Prospective franchisees can use this information to understand the stability of the Counselor Realty franchise system in Minnesota. A history of few terminations can be a positive sign, suggesting that franchisees are generally successful and satisfied with the brand. However, it is important to also consider other factors, such as the number of non-renewals, which can also indicate franchisee satisfaction or profitability issues.