How many company-owned Remax outlets were operating at the start of 2022?
Remax 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 | 497 | 502 | +5 |
| 2023 | 502 | 494 | -8 | |
| 2024 | 494 | 475 | -19 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 497 | 502 | +5 |
| 2023 | 502 | 494 | -8 | |
| 2024 | 494 | 475 | -19 |
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 zero company-owned Remax outlets operating at the start of 2022.
Specifically, the table provides a breakdown of outlet types (franchised and company-owned) and their status over the years 2022 to 2024. For company-owned outlets, the 'Outlets at the Start of the Year' is listed as 0 for the year 2022. This indicates that Remax did not have any company-owned operations at the beginning of that year.
This information is valuable for potential franchisees as it clarifies Remax's business model. The data suggests that Remax primarily focuses on franchising rather than operating company-owned outlets. This may imply that Remax's revenue and support structures are geared towards assisting franchisees in their operations, rather than managing company-owned locations. A prospective franchisee might want to further investigate the reasons behind this strategic choice and how it could impact their franchise operations.