What was the reported amount for Corcoran in the year 2025?
Corcoran Franchise · 2025 FDDAnswer from 2025 FDD Document
| years is as follows: | ||
|---|---|---|
| Year | Amount | |
| 2025 (a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | $490 | |
| 2026 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | 403 |
| Year | Amount |
|---|---|
| 2025 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | $9 |
| Year | Amount |
|---|---|
| 2025 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | $61 |
The minimum funding required during 2025 is estimated to be $2 million.
Domestic initial franchise fees and international area development fees were $5 million, $5 million and $4 million for each of the years ended December 31, 2024, 2023 and 2022, respectively.
Source: Item 23 — RECEIPTS (FDD pages 75–276)
What This Means (2025 FDD)
According to Corcoran's 2025 Franchise Disclosure Document, there are multiple reported amounts for the year 2025. One table shows an amount of $490. Another table shows an amount of $9. A third table shows an amount of $61.
These figures appear in Item 23, which covers receipts. It is important to note that the FDD also mentions that the minimum funding required during 2025 is estimated to be $2 million. Additionally, the document states that domestic initial franchise fees and international area development fees were $5 million for the year ended December 31, 2024.
Prospective franchisees should carefully review Item 23 in its entirety to understand the context of each reported amount for 2025. It is crucial to understand what each of these amounts represents in order to assess the financial performance and obligations associated with a Corcoran franchise.