How many company-owned Remax outlets were there at the start of 2024?
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 |
|---|---|---|---|---|
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 |
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 outlets at the start of 2024. The FDD provides data on both franchised and company-owned outlets for the years 2022, 2023, and 2024. This data includes the number of outlets at the start and end of each year, as well as the net change in outlets.
Specifically, for company-owned outlets, the data shows that at the start of 2022, 2023 and 2024 there were zero company-owned Remax outlets. This indicates that Remax primarily operates through a franchise model rather than directly managing a large number of company-owned locations.
For a prospective franchisee, this information suggests that Remax's growth and market presence are heavily reliant on its franchisees. This could mean that Remax provides significant support and resources to its franchisees, as their success is crucial to the overall success of the brand. However, it also means that a franchisee's performance and adherence to the Remax system are vital for maintaining the brand's reputation and standards.