What was the net change in the number of franchised Counselor Realty outlets during 2022?
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 franchised outlets during 2022 was 0. At the start of 2022, there were 7 franchised outlets, and by the end of the year, the number remained at 7. This indicates that no new franchises were opened, and no existing franchises closed during that year.
This stability in the number of franchised outlets could be seen as a positive sign, suggesting a consistent performance within the franchise system. However, it's important to consider this in conjunction with other factors, such as gross revenue, franchisee satisfaction, and market conditions, to get a comprehensive understanding of the health and growth potential of Counselor Realty. A prospective franchisee should investigate the reasons behind the lack of net change, whether it's due to a deliberate strategy or external factors.
It's also worth noting that while the total number of franchised outlets remained constant, individual franchise locations may have experienced changes in ownership or performance. Further research into the specific performance of existing franchises during 2022 would provide a more detailed picture of the franchise system's dynamics. Additionally, understanding the franchisor's plans for future expansion and franchisee support is crucial for making an informed investment decision.