What was the total partners' contribution for Christies International Real Estate in 2022?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
RTNERS' EQUITY | $ | $ | $ | | | 100,000 | 100,000 | 100,000 |# CHRISTIE'S INTERNATIONAL REAL ESTATE MANAGEMENT, LLC STATEMENTS OF CHANGES IN PARTNERS' EQUITY FOR THE YEARS ENDED DECEMBER 31, 2024, 2023 AND 2022
| Partners' equity, January 1, 2022 | $ 100,000 |
|---|---|
| Partners Contribution | - |
| Partners Distribution | - |
| Partners' equity, December 31, 2022 | 100,000 |
| Partner |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 53)
What This Means (2025 FDD)
According to Christies International Real Estate's 2025 Franchise Disclosure Document, the total partners' contribution in 2022 was zero. The document provides a statement of changes in partners' equity, detailing contributions, distributions, and equity balances for the years 2022, 2023 and 2024.
Specifically, the table shows that under the line item "Partners Contribution", the value listed for the year ending December 31, 2022, is a dash, indicating no contribution was made by partners during that year. The partners' equity at the start of 2022 was $100,000, and with no contributions or distributions, the equity remained at $100,000 at the end of the year.
This information is crucial for prospective franchisees as it provides insight into the financial activities related to partner investments within Christies International Real Estate. The absence of partner contributions in 2022 might suggest that the company was self-sufficient during that period, relying on other sources of funding or revenue generation. However, it is important to consider this information in conjunction with other financial data and trends to gain a comprehensive understanding of the company's financial health and stability.