For Corcoran, what do 'other restructuring costs' consist of?

According to Corcoran's 2025 Franchise Disclosure Document, 'other restructuring costs' consist of costs related to professional fees, consulting fees, and other costs associated with restructuring activities. These costs are primarily recorded at the corporate level.

For a prospective franchisee, this means that while Corcoran is undergoing restructuring, certain costs like professional and consulting fees will be incurred. However, these costs are mainly managed at the corporate level, suggesting that franchisees may not directly bear these expenses.

It's important to note that restructuring activities can impact various aspects of the franchise system, such as technology, process optimization, and workforce realignment. While the direct financial burden of 'other restructuring costs' may not fall on the franchisee, the changes resulting from these activities could affect their operations and support systems.