Does the Counselor Realty franchise agreement address relocation, and if so, on what page?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
You may relocate with the prior written consent of Counselor, to a suitable site within the Territory.
The replacement Office must open within 120 days after the prior facility closes.
The replacement Office must comply with the requirements of this Agreement and then-current System standards.
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to the 2025 Counselor Realty Franchise Disclosure Document, the franchise agreement does address relocation. Specifically, a franchisee may relocate their office, but it requires prior written consent from Counselor Realty.
The replacement office must be in a suitable site within the originally designated territory. Furthermore, the new office must open within 120 days after the previous location closes. The relocated office must also comply with all the requirements outlined in the franchise agreement and adhere to the then-current system standards of Counselor Realty.
This clause ensures that any relocation maintains the brand's standards and presence within the agreed-upon territory, protecting both the franchisee's and Counselor Realty's interests. A prospective franchisee should discuss potential relocation scenarios with Counselor Realty to fully understand the approval process and any associated conditions.