table_specific

How many Remax outlets were reacquired from franchisees in 2023?

Remax Franchise · 2025 FDD

Answer from 2025 FDD Document

Column 1 State Year Outlets at Start of Year Outlets Opened Outlets Reacquired from Franchisees Outlets Closed Outlets Sold to Franchisees Outlets at the End of the Year
All States 2022 0 0 0 0 0 0
2023 0 0 0 0 0 0
2024 0 0 0 0 0 0
Total 2022 0 0 0 0 0 0
2023 0 0 0 0 0 0
2024 0 0 0 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, across all states in 2023, there were zero outlets reacquired by the franchisor from franchisees. This means that Remax did not buy back any of its franchise locations during that year.

For a potential franchisee, this indicates that Remax typically does not reacquire existing franchises. This could imply that franchisees have a greater degree of autonomy and control over their businesses, as the franchisor is not actively seeking to buy them back. It also suggests that franchisees are expected to operate their businesses for the full term of their franchise agreement, unless they choose to sell to another franchisee or terminate the agreement.

It is important to note that while Remax did not reacquire any franchises in 2023, this does not guarantee that they will not do so in the future. Market conditions, franchisee performance, and strategic decisions by Remax could all influence whether or not they choose to reacquire franchises in the future. A prospective franchisee should inquire about the conditions under which Remax might consider reacquiring a franchise and what options a franchisee has if they wish to exit the system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.