How many Counselor Realty outlets were operating in Minnesota at the end of 2024?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 7 | 7 | 0 |
| 2023 | 7 | 5 | -2 | |
| 2024 | 5 | 5 | 0 | |
| Company- | 2022 | 6 | 6 | 0 |
| Owned | ||||
| 2023 | 6 | 6 | 0 | |
| 2024 | 6 | 6 | 0 | |
| Total Outlets | 2022 | 13 | 13 | 0 |
| 2023 | 13 | 11 | -2 | |
| 2024 | 11 | 11 | 0 |
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 a total of 11 outlets operating in Minnesota at the end of 2024. This total comprises both franchised and company-owned outlets. Specifically, the FDD indicates that 5 of these outlets were franchised, while 6 were company-owned.
This information is crucial for prospective franchisees as it provides a snapshot of Counselor Realty's market presence and operational structure within Minnesota. Understanding the distribution between franchised and company-owned outlets can offer insights into the company's strategic focus and potential market saturation. A higher number of company-owned outlets might suggest a greater degree of corporate control or a different approach to market penetration compared to a franchise-heavy model.
For a potential franchisee, knowing the number of existing outlets can help in assessing the competitive landscape and the potential for growth in the region. It is also important to note that while there were 11 outlets operating in Minnesota at the end of 2024, the FDD also projects the opening of one new franchised outlet in the next fiscal year. This suggests ongoing expansion and potential opportunities for new franchisees in the Minnesota market.