How many Counselor Realty outlets were opened in Minnesota 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 Counselor Realty outlets opened in Minnesota during 2022. The FDD indicates that the number of outlets at the start of the year was 7, and the number of outlets at the end of the year was also 7, with 0 outlets opened during that year.
This information is crucial for potential franchisees as it provides insight into the recent growth (or lack thereof) of the franchise within a specific state. A lack of new openings could suggest market saturation, a cautious approach to expansion in the area, or other factors that a prospective franchisee should investigate further.
It is important to note that while no new outlets opened, the number of terminations, non-renewals, or re acquisitions by the franchisor was also 0. This suggests stability in the existing franchise network in Minnesota during 2022. A prospective franchisee should consider these factors when evaluating the potential for growth and success in the Minnesota market.