Are the eligibility requirements for a Counselor Realty Territory Opportunity the same for all candidates?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
- (iii) if you timely notify us in writing that you wish to participate in the Territory Opportunity, then we may condition your participation on compliance with such terms and conditions as we consider appropriate to the particular Territory Opportunity, including: (i) execution of such franchise agreement and related agreements as are then generally used by us in connection with the award of the applicable Territory Opportunity; (ii) timely payment of all initial fees and any other fees charged by us or our affiliate in connection with the award or grant of the applicable Territory Opportunity; and (iii) meeting our then-current eligibility requirements applied by us to candidates for such Territory Opportunity.
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to the 2025 Counselor Realty Franchise Disclosure Document, the eligibility requirements for a Territory Opportunity may vary. If a franchisee with an existing Extension Office is offered a first right of refusal for a Territory Opportunity, Counselor Realty may impose specific terms and conditions for their participation.
These conditions can include executing the then-current franchise agreement and related documents, paying all required initial and other fees, and meeting the eligibility requirements that Counselor Realty applies to all candidates for that specific Territory Opportunity. This suggests that while existing franchisees are given a chance to expand, they must still meet the standards set for new franchisees and adhere to the current franchise terms.
This approach allows Counselor Realty to ensure consistent standards and financial commitments across its franchisees, even when offering growth opportunities to existing operators. A prospective franchisee should inquire about what the standard eligibility requirements are and under what conditions they might be subject to change.