How many Counselor Realty outlets were operating in Minnesota at the start of 2022?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
EE YEARS**
| State | Year | Outlets at Start of Year | Outlet Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Minnesota | 2022 | 6 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 0 | 0 | 0 | 0 | 6 | |
| Totals | 2022 | 6 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 0 | 0 | 0 | 0 | 6 |
STATUS OF FRANCHISED OUTLETS FOR LAST THREE YEARS
| 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 |
**TRANSFERS OF OUTLETS FR
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 two different figures provided for the number of outlets operating in Minnesota at the start of 2022. One table indicates that there were 6 outlets at the start of 2022, while another table indicates that there were 7 outlets at the start of 2022. Both tables show that no outlets opened, were reacquired, closed, or sold during 2022, resulting in 6 or 7 outlets at the end of the year, respectively.
It is important to note that the tables provide conflicting information regarding the number of Counselor Realty outlets in Minnesota. This discrepancy could be due to different accounting methods, the inclusion/exclusion of certain types of outlets, or simple errors in data reporting.
A prospective franchisee should seek clarification from Counselor Realty regarding the discrepancy in outlet numbers. Understanding the exact number of operating outlets is crucial for assessing market saturation, brand presence, and overall franchise performance in the Minnesota region. It would be prudent to inquire about the specific criteria used to define an "outlet" and to reconcile the conflicting data presented in the FDD.