What is the Office ID for the Remax office named 'Centerstone' in Plainfield, IN that ceased operations?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| Office Id | Office Name | Name | City | State | Phone | Reason |
|---|---|---|---|---|---|---|
| R0590257 | Centerstone | Lance Rhoades | Plainfield | IN | (317) 797-9393 | Ceased Operations |
Source: Item 1 — Business and Organization (FDD pages 334–464)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the Office ID for the Remax office named 'Centerstone' located in Plainfield, IN, that ceased operations is R0590257. This office was operated by Lance Rhoades and had the phone number (317) 797-9393.
This information is relevant to potential Remax franchisees as it provides insight into offices that have ceased operations. Reviewing such data can help a prospective franchisee understand potential challenges or market conditions in specific locations. It's important to note that the cessation of an office doesn't necessarily indicate a failure of the franchise system, but rather could be due to various factors such as market saturation, economic conditions, or individual business decisions.
Prospective franchisees should consider this information in conjunction with other data provided in the FDD, such as market analysis, competition, and financial performance representations, to make an informed decision about their investment. Additionally, it would be prudent to speak with current and former Remax franchisees to gain a comprehensive understanding of the factors that contribute to success and failure within the Remax system.