edge_case

Is there a limit to the number of sites a Counselor Realty franchisee can propose?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

ve.

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 a 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 requirements of the Franchise Agreement and then-current System standards.

You may apply to open one or more additional offices outside of your designated Territory (an "Extension Office") by submitting a request to Counselor describing the location of such proposed Extension Office as well as any additional information Counselor may require or request, along with a one-time fee of $750 for each Extension Office location (the "Extension Office Application Materials"). After Counselor's receipt of such Extension Office Application Materials (including the one-time fee), Counselor will have 30 days to review the Extension Office Application Materials and proposed Extension Office location and notify you whether or not Counselor consents to your opening of such Extension Office location. Counselor's consent to any Extension Office location will be contingent on you and Counselor reaching a mutual agreement as to the minimum number of sales agents that will operate from the Extension Office. Any Extension Office we consent to must comply with all requirements of the Franchise Agreement and then-current System standa

Source: Item 5 — INITIAL FEES (FDD page 9)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, franchisees can apply to open one or more additional offices both within and outside their designated territory. These are referred to as "Additional Offices" (within the territory) and "Extension Offices" (outside the territory). To do so, the franchisee must submit a request to Counselor Realty that describes the location of the proposed office and any other required information.

For each Additional Office or Extension Office application, the franchisee must pay a one-time fee of $750. Counselor Realty then has 30 days to review the application and notify the franchisee whether or not they consent to the opening of the proposed office location. For Extension Offices, Counselor Realty's consent is contingent upon reaching a mutual agreement with the franchisee regarding the minimum number of sales agents that will operate from that location.

The FDD does not explicitly state a limit to the number of Additional or Extension Offices a franchisee can propose. However, approval is subject to Counselor Realty's consent, and for Extension Offices, maintaining an agreed-upon minimum number of sales agents is required. Failure to maintain this minimum can result in the closure of the Extension Office or even termination of the Franchise Agreement. Therefore, while there's no stated limit, practical considerations and franchisor approval play a significant role in the number of offices a franchisee can operate.

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.