What is the estimated range for fixtures and furnishings for a Counselor Realty franchise?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
NT**
| (1) Type of Expenditure | (2) Amount | (3) Method of Payment | (4) When Due | (5) To Whom Payment is to be Made |
|---|---|---|---|---|
| Initial Fee (see Item 5) | $7,500 to $15,000 | Lump sum | When you sign Franchise Agreement | Counselor |
| Real Estate |
Source: Item 7 — INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the estimated initial investment for fixtures and furnishings ranges from $1,000 to $15,000. This investment covers items such as desks, chairs, scanners, copy machines, and computers necessary to operate the Counselor Realty office. The actual cost will vary depending on the quantity and type of furniture and equipment selected, as well as the size of the office.
If a prospective Counselor Realty franchisee already operates a real estate office, they may not need to purchase new furniture and equipment, potentially reducing this initial investment. However, for new franchisees, this cost represents a significant upfront expense to properly equip their office space. It is important to note that these costs are to be paid to vendors as incurred before opening the Counselor Realty franchise.
This range is fairly typical for a franchise that requires a physical office space. The variability highlights the importance of careful planning and sourcing to manage initial costs effectively. Franchisees should research different vendors and consider purchasing used equipment where appropriate to minimize their investment while still meeting Counselor Realty's standards for office presentation and functionality.
Prospective franchisees should also inquire with Counselor Realty about specific requirements or recommendations for fixtures and furnishings to ensure they are adequately prepared for this expense. Understanding these costs upfront will help in developing a realistic financial plan for launching the franchise.