When is the initial fee due to Counselor Realty?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
| (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 |
Source: Item 7 — INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the initial franchise fee, which ranges from $7,500 to $15,000, is due when you sign the Franchise Agreement. This fee is paid in a lump sum directly to Counselor Realty.
Understanding when this fee is due is crucial for prospective franchisees as it represents a significant upfront cost. It's important to have these funds readily available when the agreement is signed to avoid any delays in starting the franchise operation. This initial fee is part of the total estimated initial investment, which ranges from $22,850 to $105,700.
Prospective franchisees should also note that, as detailed in the FDD, fees paid to Counselor Realty are generally non-refundable, so it is important to carefully consider the investment before signing the agreement. This is a common practice in franchising, as the initial fee often covers the franchisor's costs for training, site selection assistance, and other pre-opening support.