How many total company-owned Counselor Realty outlets were opened in all locations 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 company-owned outlets opened during 2023. The data provided in the table shows the status of company-owned outlets for the past three years, specifically detailing the number of outlets at the start and end of each year, as well as any changes.
For 2023, Counselor Realty had 6 company-owned outlets at the start of the year and 6 at the end of the year. The 'Outlet Opened' column indicates '0' for 2023, meaning no new company-owned outlets were opened during that year. This information is presented for Minnesota, which appears to be the only state with company-owned Counselor Realty outlets.
Prospective franchisees can interpret this data to understand Counselor Realty's growth strategy regarding company-owned versus franchised locations. The absence of new company-owned outlets in 2023 might suggest a preference for franchise expansion or a stable approach to company-owned operations. It is important to note that this data reflects only one year and should be considered alongside other years and overall business strategies.