factual

How long does Counselor Realty have to review the Additional Office Application Materials?

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, if a franchisee wants to open an additional office within their designated territory, they must submit an application with the proposed location and any other required information, along with a $750 fee. After Counselor Realty receives the Additional Office Application Materials and the fee, they have 30 days to review the application and location. Counselor Realty will then notify the franchisee whether or not they consent to the opening of the additional office.

This 30-day review period is important for prospective franchisees to consider when planning expansion. It provides a defined timeframe for Counselor Realty to assess the proposed location and its potential impact on the existing franchise and the overall brand. Franchisees should factor this waiting period into their business plans and timelines for opening additional locations.

It is fairly common in the franchise industry for franchisors to have approval rights over new locations, whether they are the initial site or subsequent ones. This allows the franchisor to maintain brand consistency and ensure that new locations meet certain standards and do not negatively impact existing franchisees. The $750 fee for each additional office application is also a standard practice, helping to offset the franchisor's costs in reviewing the application and assessing the proposed location.

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.