In 2023, how many Remax franchises in New Hampshire were terminated?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | C o lumn 3 Outlets at Start of Year | Column 4 Outlets Opened | Terminations | Column 6 Non- renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Column 9 Outlets at the End of the Year |
|---|---|---|---|---|---|---|---|---|
| New | 2022 | 33 | 1 | 0 | 1 | 0 | 1 | 32 |
| Hampshire | ||||||||
| 2023 | 32 | 3 | 5 | 1 | 0 | 0 | 29 | |
| 2024 | 29 | 2 | 0 | 2 | 0 | 2 | 27 |
Source: Item 20 — **OUTLETS AND FRANCHISEE INFORMATION (FDD pages 89–108)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, there were 5 Remax franchises in New Hampshire that were terminated in 2023. This information is part of a larger table detailing outlet information across various states and years. The table includes data on outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this data provides insight into the stability and turnover of Remax franchises in specific regions. A high number of terminations could indicate challenges within the franchise system in that area, while a low number might suggest a more stable and successful environment. It's important to consider these figures in conjunction with other factors, such as the number of new franchises opened and the reasons for terminations, to get a comprehensive understanding.
It is also important to note that the FDD includes charts with the names, cities, states, and business telephone numbers of franchisees who had an outlet terminated, canceled, or not renewed. This information can be valuable for prospective franchisees who wish to conduct their own due diligence and speak with former franchisees about their experiences. However, the FDD also notes that some current and former franchisees may have signed provisions restricting their ability to speak openly about their experiences with Remax, which could limit the information available to potential buyers.