How many Remax outlets in Pennsylvania were non-renewed in 2022?
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 |
|---|---|---|---|---|---|---|---|---|
| Pennsylvania | 2022 | 171 | 8 | 2 | 7 | 0 | 4 | 166 |
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 7 non-renewals of Remax outlets in Pennsylvania during 2022. This information is part of a broader table detailing outlet statistics across various states and years. The table provides a year-by-year breakdown of key changes within the Remax franchise system.
For a prospective franchisee, this data offers insights into the stability and turnover of Remax franchises in specific regions. A high number of non-renewals could indicate potential challenges or market saturation in that area, while a low number might suggest a more stable and successful franchise environment. It's important to consider these figures in conjunction with other factors, such as terminations and reasons for ceasing operations, to get a comprehensive understanding.
Non-renewals occur when a franchisee decides not to extend their franchise agreement at the end of its term. This decision can be influenced by various factors, including profitability, personal circumstances, or dissatisfaction with the franchise system. While non-renewals don't necessarily reflect negatively on the Remax brand, they do represent a loss of established outlets, which can impact brand presence and market share.
It is also important to note that Remax provides additional information in Exhibit E, which lists the names, cities, states, and contact information of franchisees who had outlets terminated, canceled, not renewed, or otherwise ceased operations. This exhibit can provide further insights and allow prospective franchisees to conduct their own due diligence by contacting former franchisees.