For the state of Maryland, what was the total number of Remax outlets opened between 2022 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 |
|---|---|---|---|---|---|---|---|---|
| Maryland | 2022 | 77 | 2 | 0 | 4 | 0 | 1 | 74 |
| 2023 | 74 | 8 | 2 | 2 | 0 | 3 | 75 | |
| 2024 | 75 | 5 | 2 | 0 | 0 | 4 | 73 |
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 number of outlets opened in Maryland between 2022 and 2024 is detailed in the Systemwide Outlet Summary table. This table provides a year-by-year breakdown of outlet activity, including the number of outlets opened, terminations, non-renewals, and other changes. This information is crucial for prospective franchisees to understand the growth and stability of the Remax brand in specific regions.
In 2022, Remax opened 2 outlets in Maryland. This was followed by 8 outlets opening in 2023. In 2024, the number of outlets opened was 5.
Therefore, the total number of Remax outlets opened in Maryland between 2022 and 2024 is 15. This data helps potential franchisees assess the market dynamics and expansion trends of Remax in Maryland, offering insights into the brand's development and presence in the state.