What was the total number of Remax outlet transfers in Tennessee during the years 2022-2024?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Tennessee | 2022 | 3 |
| 2023 | 5 | |
| 2024 | 2 |
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 total number of outlet transfers in Tennessee for the years 2022 to 2024 was 10. In 2022, there were 3 transfers, followed by 5 transfers in 2023, and 2 transfers in 2024.
This information is valuable for prospective franchisees as it provides insight into the stability and turnover of Remax franchises within Tennessee. A high number of transfers could indicate issues with profitability or franchisee satisfaction, while a low number might suggest a stable and successful market.
It is important to note that this data only reflects transfers to new owners and does not include terminations, non-renewals, or reacquired franchises. A prospective franchisee should also consider these factors when evaluating the overall health and stability of the Remax franchise system in Tennessee. Further research into the reasons behind these transfers would provide a more comprehensive understanding of the market dynamics.