What year did Counselor Realty commence offering and selling franchises?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
Counselor Realty Franchising, Inc. (the Company) was incorporated in Minnesota on May 8, 2001. The Company was formed to offer franchises for a full service residential and/or commercial real estate brokerage service business. The Company commenced the offering and sale of franchises in 2002.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the company began offering and selling franchises in 2002. Counselor Realty Franchising, Inc. was incorporated in Minnesota on May 8, 2001, with the purpose of franchising a full-service residential and/or commercial real estate brokerage service.
For a prospective franchisee, this indicates the length of time Counselor Realty has been in the franchising business. This information can be helpful in assessing the maturity and stability of the franchise system. Newer franchise systems may still be refining their processes, while more established systems like Counselor Realty may have a more proven track record.
The FDD also notes that there were no new franchises sold in 2024, 2023, or 2022, and no franchise renewals during the same period. As of December 31, 2024 and 2023, there were five franchised outlets, down from seven in 2022. This data regarding franchise sales and renewals can give potential franchisees insight into the current growth and health of the Counselor Realty franchise system.