Can Christies International Real Estate reject the location of a franchisee's anticipated Additional Office?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
You may open additional offices (each, an "Additional Office") as listed in Exhibit 1 of the License Agreement, or as needed, so long as we receive prior written notification before you enter into any binding agreement to lease, purchase, or otherwise occupy the Additional Office. We reserve the right to reject the location of your anticipated Additional Office. If we approve your proposed Additional Office, you must execute the Additional Office Addendum.
You may not relocate your Main Office or Additional Office without our prior written consent. We consider the following factors when reviewing your initial proposed site for your Main Office or Additional Office, and any request for relocation: (i) residential population, (ii) income levels, (iii) demographics, (iv) competition, (v) visibility, (vi) proximity to other CHRISTIE'S INTERNATIONAL REAL ESTATE offices, (vii) accessibility, (viii) traffic, (ix) size, (x) condition and character, (xi) parking, and (xii) available signage.
Source: Item 12 — TERRITORY (FDD pages 33–38)
What This Means (2025 FDD)
According to Christies International Real Estate's 2025 Franchise Disclosure Document, the franchisor retains the right to reject the location of a franchisee's anticipated Additional Office. Before a franchisee can enter into any binding agreement to lease, purchase, or occupy an Additional Office, they must provide prior written notification to Christies International Real Estate. If the franchisor approves the proposed Additional Office, the franchisee must then execute an Additional Office Addendum.
Christies International Real Estate also requires written consent before a franchisee can relocate their Main Office or any Additional Office. When reviewing a proposed site for either the Main Office or an Additional Office, or a request for relocation, Christies International Real Estate considers several factors. These include residential population, income levels, demographics, competition, visibility, proximity to other Christies International Real Estate offices, accessibility, traffic, size, condition and character, parking, and available signage.
This policy is typical in franchising, as franchisors want to ensure that each location has the best chance of success and does not negatively impact the brand. Prospective Christies International Real Estate franchisees should carefully consider these location approval requirements and factors, as they could impact their ability to expand their business with additional offices.