What was the amount of Dividends for Better Homes And Gardens Real Estate in 2022?
Better_Homes_And_Gardens_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
Separate stand-alone financial statements of us (Better Homes and Gardens Real Estate LLC) are not included in this disclosure document. Should we fail to fulfill our obligations to our franchisees, however, Anywhere Real Estate Inc. and Anywhere Real Estate Group LLC, absolutely and unconditionally guarantee to fulfill those obligations. Copies of the Guarantees of Performance are included in Exhibit F. We file state specific guarantees of performance with the appropriate agencies in the states where our licenses are registered to be offered and sold.
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 75–76)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the financial statements for Better Homes and Gardens Real Estate, LLC do not include a specific line item for 'Dividends.' The consolidated financial statements of its parent companies, Anywhere Real Estate Inc. and Anywhere Real Estate Group LLC, are provided instead. These consolidated statements include operational results, comprehensive losses, balance sheets, cash flows, and equity statements for the years ending December 31, 2024, 2023, and 2022. However, these statements do not break out dividend information specifically attributable to Better Homes and Gardens Real Estate.
Since Better Homes and Gardens Real Estate's financial performance is rolled into its parent companies' reports, it is not possible to determine the exact amount of dividends, if any, that could be attributed solely to Better Homes and Gardens Real Estate. The FDD clarifies that separate, stand-alone financial statements for Better Homes and Gardens Real Estate LLC are not included in the document.
Prospective franchisees should be aware that the financial performance of Better Homes and Gardens Real Estate is intertwined with its parent companies. To gain a clearer understanding of the financial aspects specific to Better Homes and Gardens Real Estate, potential franchisees may need to request additional financial details from the franchisor during their due diligence process. This might include inquiring about revenue, expenses, and profitability metrics specific to the Better Homes and Gardens Real Estate brand, as distinct from the consolidated figures of its parent companies.