What was the total cash amount for Christies International Real Estate at the end of 2023?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
control related matters that we identified during the audit.
New York, New York March 25, 2025
CHRISTIE'S INTERNATIONAL REAL ESTATE MANAGEMENT, LLC BALANCE SHEETS DECEMBER 31, 2024, 2023 AND 2022
ASSETS
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current Assets | |||
| Cash | $ | $ | $ |
| 100,000 | 100,000 | 100,000 | |
| TOTAL |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 53)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Christies International Real Estate's total cash at the end of 2023 was $100,000. The FDD includes balance sheets that show the company's assets, including cash, for the years 2022, 2023, and 2024.
Specifically, the cash balance is listed under current assets. The total assets and partners' equity also remained consistent at $100,000 for each of the three years. This indicates that the company maintained a stable cash position during this period.
For a prospective franchisee, this information provides a snapshot of the financial stability of Christies International Real Estate. While a consistent cash balance can be seen as a positive sign, potential franchisees should also consider other financial factors and trends to gain a comprehensive understanding of the company's financial health. Reviewing the complete financial statements and seeking professional financial advice is recommended.