How many Remax outlets in California ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor in 2023?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Column 2 Year | Column 3 Outlets at Start of Year | Column 4 Outlets Opened | Terminations | Column 6 Non- renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at the End of the Year |
|---|---|---|---|---|---|---|---|---|
| California | 2022 | 337 | 10 | 12 | 9 | 0 | 8 | 318 |
| 2023 | 318 | 12 | 9 | 10 | 0 | 18 | 293 | |
| 2024 | 293 | 3 | 15 | 6 | 0 | 19 | 256 |
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 18 Remax outlets in California that ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2023. This information is part of a broader overview of outlet statistics provided in Item 20 of the FDD. The table outlines the changes in the number of outlets for each state over the past three years.
For a prospective franchisee, this data point offers insight into the stability and turnover of Remax franchises within California. A high number of closures for 'other reasons' might warrant further investigation to understand the underlying causes. These reasons could range from franchisees selling their businesses to other parties, relocation, or other business-related decisions that don't fall under the typical categories of termination or non-renewal.
It's important to note that while this number provides a snapshot of one aspect of franchise operations, it should be considered alongside other factors such as the number of new outlets opened, terminations, and non-renewals to get a comprehensive understanding of the health and growth of the Remax brand in California. Prospective franchisees should also speak with current and former franchisees to gather additional insights into the challenges and opportunities within the Remax system.