How many total company-owned Counselor Realty outlets were closed 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 |
| 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 company-owned outlets closed during 2022. The table provided in Item 20 of the FDD details the status of company-owned outlets for the past three years, specifically 2022, 2023, and 2024.
In 2022, Counselor Realty had 6 company-owned outlets at the start of the year. Throughout the year, there were no outlets opened, reacquired from franchisees, closed, or sold to franchisees. Consequently, Counselor Realty ended 2022 with 6 company-owned outlets.
This information is valuable for prospective franchisees as it provides insight into the stability and changes within Counselor Realty's company-owned operations. A consistent number of company-owned outlets, as shown here, can indicate a stable business model.