How many Counselor Realty outlets were sold to franchisees in Minnesota during 2024?
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 zero outlets sold to franchisees in Minnesota during 2024. The table provided in Item 20 of the FDD details the status of franchised outlets for the past three years.
Specifically, the table shows that in Minnesota during 2024, there were 6 outlets at the start of the year, and zero outlets were sold to franchisees. This resulted in 6 outlets at the end of the year.
This information is valuable for prospective franchisees as it provides insight into the stability and transfer activity of Counselor Realty franchises in Minnesota. A lack of sales to franchisees could indicate various factors, such as franchisee satisfaction or limited market opportunities.