In Rhode Island, what was the total number of Remax outlets at the start of 2023?
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 |
|---|---|---|---|---|---|---|---|---|
| Rhode Island | 2022 | 24 | 3 | 0 | 0 | 0 | 0 | 27 |
| 2023 | 27 | 2 | 1 | 2 | 0 | 0 | 26 | |
| 2024 | 26 | 2 | 0 | 2 | 0 | 2 | 24 |
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 were 27 Remax outlets in Rhode Island at the start of 2023. This figure represents the number of established Remax locations operating in the state as of January 1, 2023.
For a prospective franchisee, this indicates the existing market presence and brand recognition of Remax in Rhode Island. A higher number of existing outlets could suggest a well-established brand with a strong customer base, but it could also mean more competition between franchisees.
The FDD also indicates that there were 2 outlets opened in Rhode Island during 2023, 1 termination, and 2 non-renewals, resulting in 26 outlets at the end of 2023. This information provides insight into the dynamics of the Remax franchise network within the state, including growth, closures, and franchise agreement renewals.