How many Remax outlets were operating in Montana at the start of 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 |
|---|---|---|---|---|---|---|---|---|
| Montana | 2022 | 16 | 0 | 0 | 0 | 0 | 0 | 16 |
| 2023 | 16 | 2 | 0 | 2 | 0 | 1 | 15 | |
| 2024 | 15 | 2 | 0 | 0 | 0 | 1 | 15 |
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 16 Remax outlets operating in Montana at the start of 2023. The FDD provides a table that tracks the number of outlets in each state over a three-year period. This table includes the number of outlets at the start of each year, the number of outlets opened during the year, and the number of outlets at the end of the year.
For a prospective franchisee, this information is useful for understanding the existing market presence of Remax in Montana. It shows the stability of the brand in the state, as the number of outlets remained constant from the start to the end of 2022 and 2023, with a slight decrease in 2024. This data can help a franchisee assess the potential for growth and competition in the area.
It's important to note that while the number of outlets remained relatively stable, there were some changes within the system. In 2023, two new outlets were opened, but there were also two non-renewals and one instance of ceased operations for other reasons, resulting in a net decrease of one outlet. This suggests that while there is some growth potential, there are also challenges in maintaining existing franchises. A prospective franchisee should investigate the reasons for non-renewals and ceased operations to better understand the market dynamics in Montana.