How many Counselor Realty outlets were operating in Minnesota at the start of 2023?
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 7 franchised Counselor Realty outlets operating in Minnesota at the start of 2023. By the end of 2023, the number of franchised outlets decreased to 5. This decrease is due to 2 non-renewals of franchise agreements.
In addition to franchised locations, Counselor Realty also operates company-owned outlets. At the start of 2023, there were 6 company-owned Counselor Realty outlets in operation. This number remained constant throughout 2023.
In total, combining both franchised and company-owned locations, Counselor Realty had 13 outlets operating in Minnesota at the beginning of 2023. This number decreased to 11 by the end of 2023, reflecting the net loss of 2 franchised locations.