If Counselor Realty approves suppliers in the future, what factors will be considered?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
Although Counselor establishes various standards and specifications for the goods and services that go into the establishment and operation of your Business, Counselor currently does not approve or disapprove suppliers as such (as distinguished from the goods or services they supply) and therefore currently maintains no criteria for approving suppliers or communicating approval or revocation of approval of suppliers to franchisees. Counselor may establish such criteria in the future. You may be directed to vendors able to supply portions of your requirements for certain items used in the ongoing operation of the Business. Counselor does not derive income solely from purchases made by franchisees from third party suppliers. Third party suppliers may make contributions from time to time to System sales promotion, advertising or other programs. Counselor also reserves the right to receive fees or other consideration in exchange for rights licensed or services rendered to third parties, including vendors. Counselor does not guarantee the availability of independent sources of supply for any particular product or service required to establish or operate a Business.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 15–16)
What This Means (2025 FDD)
According to the 2025 Counselor Realty Franchise Disclosure Document, while Counselor Realty establishes standards and specifications for goods and services used in the business, they do not currently approve or disapprove suppliers. However, Counselor Realty may establish criteria for approving suppliers in the future.
Currently, franchisees can source authorized goods and services from any available supplier, provided they meet Counselor Realty's standards and specifications. These standards are detailed in the Franchise Policy Guidelines, which franchisees must adhere to.
Counselor Realty does not receive income solely from franchisee purchases from third-party suppliers, but third-party suppliers may contribute to system-wide sales promotion or advertising programs. Counselor Realty also reserves the right to receive fees or consideration for licensing rights or services to third parties, including vendors. It is important to note that Counselor Realty does not guarantee the availability of independent sources for any specific product or service needed to operate the business. A prospective franchisee should ask Counselor Realty what factors will be considered if they decide to approve suppliers in the future.