In what year did Counselor Realty Franchising, Inc. first offer franchises?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
The franchisor is COUNSELOR REALTY FRANCHISING, INC. ("Counselor"), a Minnesota corporation located at 3200 NW Main Street, Suite 110, Coon Rapids, Minnesota 55448; 612-405-8404; www.counselorrealty.com. Counselor Realty, Inc. ("Counselor Realty"), a Minnesota corporation incorporated on December 18, 1964, and located at the same address as Counselor, conducts a residential and commercial real estate brokerage business. Counselor's and Counselor Realty's parent, Counselor Holding, Inc. ("Counselor Holding") owns and provides administrative support to Counselor and Counselor Realty. Counselor was incorporated in May, 2001 to conduct franchising operations. Counselor actually commenced business operations and first offered franchises in 2002. Counselor has no predecessors. Counselor has no affiliates which offer franchises in any line of business, and, except for Counselor Holding, Counselor has no affiliates which offer products or services to Counselor franchisees. No officer or director of Counselor owns an interest in any entity that competes with Counselor. Counselor conducts business under its corporate name. Counselor's agent for service of process in Minnesota is the Minnesota Department of Commerce, 85 7th Place East, Suite 280, St. Paul, Minnesota 55101- 2198.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENT, PREDECESSORS AND AFFILIATES (FDD pages 7–8)
What This Means (2025 FDD)
According to the 2025 Counselor Realty Franchise Disclosure Document, Counselor Realty Franchising, Inc. first offered franchises in 2002. The company was incorporated in May 2001 to conduct franchising operations and commenced offering and selling franchises the following year.
This means that Counselor Realty has been in the franchising business for over two decades, which can provide a level of stability and experience that may be attractive to potential franchisees. The FDD also indicates that Counselor Realty has been providing residential and commercial real estate brokerage services through Counselor Realty, Inc. since 1964, showcasing a long-standing presence in the real estate industry.
Prospective franchisees should consider this history as a positive factor, suggesting that Counselor Realty has a well-established business model and a significant track record in the real estate sector. However, it is important to conduct thorough due diligence, including speaking with current and former franchisees, to fully understand the opportunities and challenges associated with investing in a Counselor Realty franchise.