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What was the net revenue for Better Homes And Gardens Real Estate in 2024?

Better_Homes_And_Gardens_Real_Estate Franchise · 2025 FDD

Answer from 2025 FDD Document

Exhibit F includes the consolidated financial statements of our parent companies Anywhere Real Estate Inc. and Anywhere Real Estate Group LLC as follows:

Audited Consolidated Financial Statements

  • Consolidated Statements of Operations for the years ended December 31, 2024, 2023 and 2022;
  • Consolidated Statements of Comprehensive Loss for the years ended December 31, 2024, 2023 and 2022;
  • Consolidated Balance Sheets as of December 31, 2024 and 2023;
  • Consolidated Statements of Cash Flows for the years ended December 31, 2024, 2023 and 2022;
  • Consolidated Statements of Equity for the years ended December 31, 2024, 2023 and 2022; and
  • Notes to Consolidated Financial Statements

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)

The 2025 Franchise Disclosure Document does not contain the specific net revenue for Better Homes and Gardens Real Estate for 2024. However, the FDD does include the consolidated financial statements of Better Homes and Gardens Real Estate's parent companies, Anywhere Real Estate Inc. and Anywhere Real Estate Group LLC. These consolidated statements include the Consolidated Statements of Operations for the years ended December 31, 2024, 2023, and 2022.

Item 21 states that separate stand-alone financial statements for Better Homes and Gardens Real Estate LLC are not included in the document. Instead, Anywhere Real Estate Inc. and Anywhere Real Estate Group LLC provide guarantees to fulfill the obligations of Better Homes and Gardens Real Estate to its franchisees.

To get the specific net revenue for Better Homes and Gardens Real Estate, a prospective franchisee should consider asking the franchisor directly for this information. Understanding the brand's financial performance can be crucial in evaluating the overall health and stability of the franchise system.

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.