When is the payment for signage due for a Counselor Realty franchise?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
NT**
| (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 |
| Rea |
Source: Item 7 — INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, payment for signage is due before opening. The estimated cost for signage ranges from $1,000 to $10,000, and payment is made as incurred to approved vendors. The specific costs can vary significantly based on the type and size of signage selected by the franchisee. Variations in local signage ordinances make it difficult to predict the exact cost.
Prospective Counselor Realty franchisees should factor in these signage costs when planning their initial investment. It's important to obtain quotes from approved vendors to understand the potential expenses involved. Franchisees should also research local signage ordinances to ensure compliance and accurate budgeting.
Given the range of potential costs, it would be prudent for a prospective Counselor Realty franchisee to discuss signage options and requirements in detail with the franchisor and approved vendors. Understanding these costs upfront will help in making informed decisions and managing the initial investment effectively.