What must a terminated Counselor Realty franchisee do with distinctive inventory?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
- (d) remove all distinctive inventory, trade dress, and leasehold improvements to eliminate any similarity in design, structure, signage, trade dress, decor, color or layout to the distinctive appearance of other Counselor businesses.
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to the 2025 Counselor Realty FDD, upon termination or expiration of the Franchise Agreement, a franchisee must remove all distinctive inventory, trade dress, and leasehold improvements. This includes eliminating any similarity in design, structure, signage, trade dress, decor, color, or layout to the distinctive appearance of other Counselor Realty businesses.
This requirement ensures that the terminated franchisee's business no longer resembles a Counselor Realty franchise, preventing confusion among customers and protecting the brand's image. The franchisee is responsible for the costs associated with removing or altering these items.
This obligation extends not only to the primary office but also to any Additional Offices or Extension Offices the franchisee may operate. Failing to comply with these post-termination obligations could potentially lead to legal action from Counselor Realty to enforce the terms of the Franchise Agreement.