factual

What is an 'Additional Office' for a Counselor Realty franchisee?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

onsent prior to opening or operating any additional Office locations.

  • (b) You may apply to open one or more additional offices within your designated Territory (an "Additional Office") by submitting a request to Counselor describing the location of such proposed Additional Office as well as any additional information Counselor may require or request, along with one-time fee of $750 for each Additional Office location (the "Additional Office Application Materials"). After Counselor's receipt of such Additional Office Application Materials (including the one-time fee), Counselor will have 30 days to review the Additional Office Application Materials and proposed Additional Office location and notify you whether or not Counselor consents to your opening of such Additional Office location. Any Additional Office we consent to must comply with all requ

Source: Item 22 — CONTRACTS (FDD page 32)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, an 'Additional Office' refers to another office location a franchisee may open within their designated territory. To open an Additional Office, a Counselor Realty franchisee must submit a request to the company, including the proposed location and any other required information, along with a one-time fee of $750 for each location. Counselor Realty then has 30 days to review the application and notify the franchisee of their decision.

Any Additional Office that Counselor Realty consents to must comply with all requirements of the Franchise Agreement and the company's current system standards. This ensures that all locations operate under the same guidelines and maintain the brand's consistency.

It's important to note that opening an Additional Office requires Counselor Realty's written consent, and the franchisee must pay the $750 application fee for each proposed location. This process allows Counselor Realty to maintain control over its brand and ensure that any new locations meet its standards. Additionally, the franchisee will be responsible for website fees for any Additional Offices.

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.