factual

Does Christies International Real Estate guarantee the success of the business at an approved location?

Christies_International_Real_Estate Franchise · 2025 FDD

Answer from 2025 FDD Document

In addition, any recommendations, suggestions, or approvals of a proposed site are not a warranty, guarantee or representation that the site will achieve any level or amount of sales, revenue or profit as a CHRISTIE'S INTERNATIONAL REAL ESTATE business location.

You acknowledge and agree that your acceptance of the obligation to develop the CHRISTIE'S INTERNATIONAL REAL ESTATE business is based on your own independent investigation of the suitability of the site for the CHRISTIE'S INTERNATIONAL REAL ESTATE business.

Source: Item 23 — RECEIPT (FDD pages 54–177)

What This Means (2025 FDD)

According to Christies International Real Estate's 2025 Franchise Disclosure Document, the franchisor does not guarantee any level of success at an approved location. Even though Christies International Real Estate must give written consent for a proposed site and may even offer recommendations or suggestions, these approvals do not constitute a warranty or guarantee that the location will achieve any specific level of sales, revenue, or profit.

This means that while Christies International Real Estate reserves the right to approve a franchisee's proposed site, the ultimate responsibility for the site's success rests with the franchisee. The franchisee is expected to conduct their own independent investigation to determine if the site is suitable for their Christies International Real Estate business. This includes assessing factors such as local market conditions, demographics, competition, and accessibility.

This is a common practice in franchising, as franchisors typically do not have enough local expertise to accurately predict the success of a specific location. Prospective Christies International Real Estate franchisees should carefully consider this and conduct thorough due diligence before committing to a location. This due diligence should include market research, financial projections, and consultation with experienced real estate professionals.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.