How many Counselor Realty outlets were sold to franchisees in Minnesota during 2022?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 30–31)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Counselor Realty did not sell any outlets to franchisees in Minnesota during 2022. The FDD provides a table outlining the status of franchised outlets, including the number of outlets sold to franchisees.
Specifically, the table details the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and outlets at the end of the year. For Minnesota in 2022, the number of outlets sold to franchisees is listed as 0.
This information is relevant for prospective franchisees as it provides insight into the transfer of existing Counselor Realty locations to new franchisees. A lack of sales to franchisees could indicate that the company prefers to establish new locations rather than transfer existing ones, or that there is a low turnover rate among franchisees.