What is the estimated range for training costs 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 Lease and ImprovementsA | $600 to $12,500 | (Se |
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 cost for training ranges from $0 to $6,200. These costs are incurred as training progresses and are paid to Counselor Realty or other vendors. The timing of payments varies, with some paid as billed to Counselor Realty and others incurred directly to vendors.
This range suggests that training costs can vary significantly. The lower end of the range ($0) may indicate that some franchisees might not need extensive training, possibly due to prior experience or that some training elements are optional or included in other fees. The higher end ($6,200) likely covers more comprehensive training programs or additional training resources.
Prospective Counselor Realty franchisees should clarify what the training program includes, what factors influence the cost, and what portion of the training is mandatory. Understanding these details will help in accurately budgeting for the initial investment and planning for the operational phase of the franchise.