factual

May Counselor Realty establish criteria for approving suppliers in the future for Counselor Realty franchisees?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

or.

Although Counselor establishes various standards and specifications for the goods and services that go into the establishment and operation of your Business, Counselor currently does not approve or disapprove suppliers as such (as distinguished from the goods or services they supply) and therefore currently maintains no criteria for approving suppliers or communicating approval or revocation of approval of suppliers to franchisees. Counselor may establish such criteria in the future. You may be directed to vendors able to supply portions of your requirements for certain items used in the ongoing operation of the Business. Counselor does not derive income solely from purchases made by franchisees from third party suppliers. Third party suppliers may make contributions from time to time to System sales promotion, advertising or other programs.

Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 15–16)

What This Means (2025 FDD)

According to the 2025 Counselor Realty FDD, while Counselor Realty currently does not approve or disapprove suppliers, they may establish criteria for approving suppliers in the future. Currently, Counselor Realty establishes standards and specifications for goods and services used in the establishment and operation of the franchise.

This means that as a franchisee, you are currently able to source goods and services from any supplier, provided they meet Counselor Realty's standards and specifications. However, this could change, and Counselor Realty may implement a system where they approve specific suppliers.

It is important to note that Counselor Realty does not guarantee the availability of independent sources of supply for any particular product or service required to establish or operate a business. While franchisees are not required to purchase from specific suppliers, they may be directed to vendors for certain items. Counselor Realty also states that third-party suppliers may contribute to system sales promotion, advertising, or other programs, and Counselor Realty reserves the right to receive fees or other consideration in exchange for rights licensed or services rendered to third parties, including vendors.

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.