What were the intersegment revenues for Better Homes And Gardens Real Estate in 2024?
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 provided are consolidated statements for Anywhere Real Estate Inc. and Anywhere Real Estate Group LLC, the parent companies of Better Homes and Gardens Real Estate. The FDD does not include separate, stand-alone financial statements for Better Homes and Gardens Real Estate LLC itself.
Because the financial statements are consolidated, it is not possible to determine the specific intersegment revenues for Better Homes and Gardens Real Estate. The consolidated statements would include revenues from various segments within Anywhere Real Estate Inc. and Anywhere Real Estate Group LLC, but these are not broken out to show the individual contribution or intersegment transactions of Better Homes and Gardens Real Estate.
A prospective franchisee should request detailed financial information about Better Homes and Gardens Real Estate specifically, including intersegment revenues, from the franchisor. Understanding these figures is crucial for assessing the financial performance and stability of the Better Homes and Gardens Real Estate franchise system independently from its parent companies.