What is the office ID for the Remax office named 'Riv ide ers'?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| Office Id | Office Name | Name | City | State | Phone | Reason |
|---|---|---|---|---|---|---|
| R0490871 | Riverside | Michael Saracco | New Smyrna Beach | FL | (386) 882-3577 | Ceased Operations |
Source: Item 1 — Business and Organization (FDD pages 334–464)
What This Means (2025 FDD)
Based on the 2025 Remax Franchise Disclosure Document, the office ID for the Remax office named 'Riverside' is R0490871. This office is located in New Smyrna Beach, Florida. The agent associated with this office is Michael Saracco, and the phone number listed is (386) 882-3577. It is important to note that this office has ceased operations, according to the Reason column in the provided table.
For a prospective Remax franchisee, this information is useful for understanding the history and turnover of Remax offices. The fact that this office has ceased operations could indicate market challenges in that specific location or other factors that led to its closure. It is essential to investigate the reasons behind the closure to assess the potential risks and opportunities in similar markets.
When researching franchise opportunities, it is common practice to examine the performance and longevity of existing and former locations. This helps potential franchisees gauge the stability and success rate of the franchise system. The information provided in the FDD about ceased operations offers transparency and allows for a more informed decision-making process. Prospective franchisees should consider asking Remax about the reasons for office closures and what support is provided to help franchisees succeed.