How many total company-owned Counselor Realty outlets were reacquired from franchisees 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 no Counselor Realty outlets reacquired from franchisees during 2024. The table provided in the FDD indicates that under the column "Outlets Reacquired from Franchisee" the number is 0 for the year 2024. This means that Counselor Realty did not buy back any of its franchised locations during that year.
This information is relevant for prospective franchisees as it provides insight into the stability of the franchise system. A high number of re acquisitions could indicate financial difficulties or disputes within the franchise network. The absence of re acquisitions in 2024 suggests a stable relationship between Counselor Realty and its franchisees.
It is important to note that this data reflects only a single year. Reviewing the trend over several years, as presented in the FDD, can provide a more comprehensive understanding of Counselor Realty's franchise management practices. A prospective franchisee should also consider speaking with current and former franchisees to gather additional insights into their experiences with the company.