How many Remax outlets were reacquired by the franchisor in 2022, 2023, and 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 |
|---|---|---|---|---|---|---|---|---|
| Total | 2022 | 3546 | 180 | 59 | 107 | 0 | 83 | 3477 |
| 2023 | 3477 | 208 | 101 | 96 | 0 | 114 | 3374 | |
| 2024 | 3374 | 125 | 101 | 92 | 0 | 147 | 3150 |
Source: Item 20 — **OUTLETS AND FRANCHISEE INFORMATION (FDD pages 89–108)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the brand reacquired zero outlets across the entire franchise system in 2022, 2023 and 2024. This data is reflected in the 'Reacquired by Franchisor' column in the Systemwide Outlet Summary table, which provides a year-by-year breakdown of outlet activity.
This indicates that Remax did not buy back any franchised locations during this three-year period. Instead, other factors such as terminations, non-renewals, and other reasons for ceasing operations led to outlet closures. Potential franchisees can view this as a positive sign, suggesting that Remax focuses on supporting its franchisees rather than reclaiming territories.
While the table provides a system-wide overview, it's important to note that the reasons for franchise terminations or non-renewals are not detailed in this table. A prospective franchisee should inquire about the common reasons for these occurrences and what support Remax offers to help franchisees avoid these situations. Understanding these factors can help a new franchisee assess the risks and opportunities associated with investing in a Remax franchise.
It is also important to note that the numbers provided in the table may not reconcile with other numbers due to overlapping fiscal years and updated data collection methods. Therefore, it is advisable for potential franchisees to seek clarification from Remax regarding any discrepancies or inconsistencies in the data.