What is Counselor Realty Franchising, Inc. a subsidiary of?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
Counselor Realty Franchising, Inc. (the Company) was incorporated in Minnesota on May 8, 2001. The Company was formed to offer franchises for a full service residential and/or commercial real estate brokerage service business. The Company commenced the offering and sale of franchises in 2002. The Company is a wholly-owned subsidiary of Counselor Holding, Inc.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)
What This Means (2025 FDD)
According to the 2025 FDD, Counselor Realty Franchising, Inc. is a wholly-owned subsidiary of Counselor Holding, Inc. This means that Counselor Holding, Inc. owns 100% of Counselor Realty Franchising, Inc.
As a wholly-owned subsidiary, Counselor Realty's financial performance and operations are likely consolidated into the financial statements of Counselor Holding, Inc. Counselor Holding, Inc. also allocates expenses to Counselor Realty based on the usage of certain system tools and employees. The total expenses allocated to Counselor Realty were $37,278 in 2024, $34,342 in 2023, and $41,038 in 2022.
Prospective franchisees should be aware of this relationship and how it might affect Counselor Realty's decision-making and financial stability. Understanding the parent company's financial health could provide additional insight into the franchise's long-term prospects. It would be prudent for a potential franchisee to inquire about the nature of the allocated expenses and how they are determined to ensure transparency and fairness.