For Christies International Real Estate, what date does the fiscal year end?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
(1) All numbers are as of the fiscal year-end. Each fiscal year ends on December 31.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 47–53)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate Franchise Disclosure Document, the fiscal year ends on December 31. This detail is important for prospective franchisees as it sets the timeline for financial reporting, performance reviews, and other business-related activities within the franchise system.
Knowing the fiscal year-end date allows franchisees to align their business planning and accounting practices with Christies International Real Estate's corporate schedule. This includes preparing annual financial statements, understanding royalty payment deadlines, and participating in any year-end performance evaluations.
For potential franchisees, understanding the fiscal year-end is crucial for budgeting and financial forecasting. It ensures that franchisees are aware of when key financial benchmarks are assessed and can plan accordingly to meet any targets or requirements set by Christies International Real Estate.