How many Remax outlets were transferred in Alabama during 2023?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 1 |
| 2023 | 1 | |
| 2024 | 3 |
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 was one transfer of a Remax outlet in the state of Alabama during 2023. The document also provides data for the number of transfers in Alabama for 2022 and 2024, which were one and three respectively.
This information is valuable for potential franchisees as it provides insight into the stability and turnover of Remax franchises in Alabama. A higher number of transfers could indicate a more active market for buying and selling franchises, but it could also signal potential issues with franchise profitability or franchisee satisfaction. Conversely, a low number of transfers might suggest stability, but could also mean fewer opportunities to acquire existing, potentially profitable, Remax locations.
Prospective franchisees should consider these transfer numbers in conjunction with other data provided in the FDD, such as the number of terminations, non-renewals, and closures, to gain a comprehensive understanding of the health and dynamics of the Remax franchise system in Alabama. Speaking with current and former franchisees in Alabama would also provide valuable context and insights into the reasons behind these transfers.