In what city and state are the Counselor Realty balance sheets located?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control-related matters that we identified during the audit.
Minneapolis, Minnesota
Balance Sheets December 31, 2024 and 2023
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)
What This Means (2025 FDD)
According to the 2025 Counselor Realty Franchise Disclosure Document, the balance sheets are located in Minneapolis, Minnesota. This information is part of the Independent Auditors' Report included in the financial statements.
For a prospective franchisee, this indicates where the company's financial records are maintained and audited. Knowing the location of these documents can be relevant if a franchisee needs to verify financial information or conduct further due diligence. It also provides insight into the geographic base of Counselor Realty's operations and its auditing firm.
It is common practice for franchise documents to disclose the location where financial audits are conducted, as this provides transparency and allows franchisees to understand where the company's financial oversight is based.