factual

How many key personnel of a Counselor Realty franchise can receive initial training?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

At your request, Counselor will provide you and up to two of your key personnel initial training (the amount of such initial training shall be as determined by Counselor). See Item 11. You must pay Counselor a fee for training in the amount of $175 per trainer per hour. In addition, you must pay all travel, living and incidental expenses you and your employees, and our trainers, incur in connection with training, which Counselor estimates could range from $0 (if you and our trainers do not have to travel to attend training) to $750 per person per day. Training fees are not refundable.

Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD pages 24–25)

What This Means (2025 FDD)

According to the 2025 Counselor Realty FDD, the franchisor will provide initial training to the franchisee and up to two key personnel. The amount of initial training is determined by Counselor Realty. The training will take place at a Counselor Realty office or another location designated by the franchisor, at a mutually convenient time.

Supplemental initial and ongoing training is also available for the franchisee and their key personnel at a Counselor Realty office or another designated location at a mutually convenient time. The length of supplemental training varies depending on the subject matter and the franchisee's training needs.

The franchisee is responsible for paying a training fee of $175 per trainer per hour, which applies to both initial and supplemental training. Additionally, the franchisee must cover all travel, living, and incidental expenses for themselves, their employees, and Counselor Realty's trainers. These expenses could range from $0 to $750 per person per day, depending on travel requirements.

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.