What was the long-term debt for Corcoran in the earlier year?

According to Corcoran's 2025 Franchise Disclosure Document, the long-term debt for the earlier year is detailed in the liabilities section. The document lists long-term debt as $2,235. This figure represents the amount Corcoran owed in long-term debt obligations at that time.

This information is relevant for prospective franchisees as it provides insight into Corcoran's financial leverage and stability. A high level of long-term debt could indicate higher financial risk, while a lower level might suggest a more conservative financial approach. Understanding the franchisor's debt obligations can help franchisees assess the financial health and potential risks associated with investing in a Corcoran franchise.

It's important to note that this figure represents only one aspect of Corcoran's overall financial picture. A prospective franchisee should consider this number in conjunction with other financial data, such as revenues, expenses, and assets, to gain a comprehensive understanding of the franchisor's financial condition. Consulting with a financial advisor is recommended to properly interpret these figures and their potential impact on the franchise investment.