What was the net change in the number of company-owned Counselor Realty outlets during 2023?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 7 | 7 | 0 |
| 2023 | 7 | 5 | -2 | |
| 2024 | 5 | 5 | 0 | |
| Company- | 2022 | 6 | 6 | 0 |
| Owned | ||||
| 2023 | 6 | 6 | 0 | |
| 2024 | 6 | 6 | 0 | |
| Total Outlets | 2022 | 13 | 13 | 0 |
| 2023 | 13 | 11 | -2 | |
| 2024 | 11 | 11 | 0 |
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, the net change in the number of company-owned outlets during 2023 was 0. The FDD provides a table outlining the status of both franchised and company-owned outlets over the past three years.
Specifically, for company-owned outlets, the table shows that Counselor Realty started 2023 with 6 company-owned outlets and ended the year with 6 company-owned outlets. This indicates that there were no openings or closures of company-owned locations during that year, resulting in a net change of 0.
This information is valuable for prospective franchisees as it provides insight into the stability and growth strategy of Counselor Realty's company-owned operations. A consistent number of company-owned outlets might suggest a focus on supporting and expanding the franchise network rather than directly competing with franchisees through company-owned locations.