How many Remax outlets opened in Wyoming during 2024?
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 |
|---|---|---|---|---|---|---|---|---|
| Wyoming | 2022 | 11 | 0 | 1 | 1 | 0 | 1 | 8 |
| 2023 | 8 | 0 | 0 | 0 | 0 | 0 | 8 | |
| 2024 | 8 | 4 | 0 | 0 | 0 | 1 | 11 |
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 4 Remax outlets opened in Wyoming during 2024. The number of outlets at the start of the year was 8, and by the end of 2024, the number of outlets totaled 11. One Remax outlet ceased operations for other reasons during 2024.
This information is valuable for prospective franchisees as it provides insight into the growth and stability of Remax in Wyoming. The opening of 4 new outlets suggests potential market expansion and brand recognition in the state. However, the closure of one outlet also indicates that there are challenges to consider, such as local market conditions or operational issues.
Analyzing these trends over multiple years, as presented in the table, can give a more comprehensive understanding of the opportunities and risks associated with opening a Remax franchise in Wyoming. Potential franchisees should investigate the reasons behind the closures and evaluate the overall performance of existing outlets to make an informed decision.