Who managed the Remax 'Riverside' office in New Smyrna Beach, FL, before it ceased operations?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| Office Id | Office Name | Name | City | State | Phone | Reason |
|---|---|---|---|---|---|---|
| R0490871 | Riverside | Michael Saracco | New Smyrna Beach | FL | (386) 882-3577 | Ceased Operations |
Source: Item 1 — Business and Organization (FDD pages 334–464)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, Michael Saracco managed the Remax Riverside office in New Smyrna Beach, Florida, before it ceased operations. The document lists several Remax offices that have ceased operations, providing details such as the office name, the name of the manager, the city and state where the office was located, and a phone number. This information is useful for prospective franchisees to understand the turnover and stability of existing Remax offices.
The fact that the Riverside office in New Smyrna Beach, FL, ceased operations might prompt a potential franchisee to investigate further. Understanding the reasons behind the closure, such as market conditions, management issues, or other factors, could be crucial in assessing the risks and opportunities associated with opening a Remax franchise in a similar location. This level of due diligence is common when evaluating franchise opportunities, as it provides a more comprehensive picture of potential challenges and successes.
Reviewing the list of ceased operations can also give a prospective Remax franchisee insight into which markets or management styles may be more or less successful. While office closures are not uncommon in the real estate industry, understanding the patterns and reasons behind them can help a new franchisee make informed decisions and potentially avoid similar pitfalls. This information, combined with other market research and due diligence, can contribute to a more robust business plan and a higher likelihood of success.