How many Counselor Realty outlets were sold to franchisees in Minnesota during 2023?
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 |
| 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 |
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 outlets sold to franchisees in Minnesota during 2023. The provided table in Item 20 outlines the status of outlets and franchisee information, specifically detailing the number of outlets sold to franchisees per state and year.
In 2023, within the state of Minnesota, the number of Counselor Realty outlets sold to franchisees was zero. This indicates that there were no transfers of existing Counselor Realty locations to new franchisee owners within Minnesota during that year.
Prospective franchisees should note that while no outlets were sold to franchisees in 2023, this does not necessarily reflect the overall health or opportunity within the Minnesota market. It is essential to consider other factors, such as new outlet openings, terminations, and the general performance of existing franchises, to gain a comprehensive understanding of the franchise landscape in Minnesota. Further research and direct communication with the franchisor are recommended to assess the potential for growth and success in this specific market.