factual

What must a Counselor Realty franchisee submit to open an Additional Office?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

onsent prior to opening or operating any additional Office locations.

  • (b) You may apply to open one or more additional offices within your designated Territory (an "Additional Office") by submitting a request to Counselor describing the location of such proposed Additional Office as well as any additional information Counselor may require or request, along with one-time fee of $750 for each Additional Office location (the "Additional Office Application Materials"). After Counselor's receipt of such Additional Office Application Materials (including the one-time fee), Counselor will have 30 days to review the Additional Office Application Materials and proposed Additional Office location and notify you whether or not Counselor consents to your opening of such Additional Office location. Any Additional Office we consent to must comply with all requ

Source: Item 22 — CONTRACTS (FDD page 32)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, a franchisee who wishes to open an Additional Office within their designated territory must submit specific items to Counselor Realty for approval. These items are collectively referred to as the "Additional Office Application Materials."

The Additional Office Application Materials must include a request describing the location of the proposed Additional Office. The franchisee must also provide any additional information that Counselor Realty may require or request. Furthermore, the franchisee must include a one-time fee of $750 for each Additional Office location with the application materials.

After Counselor Realty receives the Additional Office Application Materials and the $750 fee, they have 30 days to review the materials and the proposed location. Following this review, Counselor Realty will notify the franchisee whether or not they consent to the opening of the Additional Office. It is important to note that any Additional Office that Counselor Realty consents to must comply with all requirements of the Franchise Agreement and the then-current System standards.

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.