What was the service revenue for Better Homes And Gardens Real Estate in the provided years?
Better_Homes_And_Gardens_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
| (In millions, except per share data) | |
|---|---|
| Revenues | |
| Gross commission income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | |
| Service revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 574 569 793 |
| Franchise fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 356 351 417 |
| Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 133 146 160 |
| Net revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 5,692 5,636 6,908 |
Source: Item 23 — RECEIPTS (FDD pages 76–362)
What This Means (2025 FDD)
According to Better Homes And Gardens Real Estate's 2025 Franchise Disclosure Document, the service revenue for the years 2022, 2023, and 2024 are detailed in millions of dollars. In 2024, the service revenue was $574 million. The service revenue in 2023 was $569 million, and in 2022, the service revenue amounted to $793 million.
Service revenue represents a significant portion of Better Homes And Gardens Real Estate's overall revenue. Franchisees should understand how service revenues are generated and what factors might influence these figures. Understanding the trend in service revenue can help a franchisee assess the brand's performance and potential for future growth.
Prospective franchisees should investigate the specific services that contribute to this revenue and how they are delivered. It is also important to understand any changes in the service offerings or pricing that could impact future revenue. Reviewing these figures in context with other revenue streams, such as franchise fees and gross commission income, provides a comprehensive view of the financial health of Better Homes And Gardens Real Estate.