What is the date of the most recent balance sheet presented for Counselor Realty?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the financial statements of Counselor Realty Franchising, Inc. (the Company), which comprise the balance sheets as of December 31, 2024 and 2023, and the related statements of operations, stockholder's equity and cash flows for the years ended December 31, 2024, 2023 and 2022 and the related notes to the financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the most recent balance sheet presented is as of December 31, 2024. The document includes balance sheets for both December 31, 2024, and December 31, 2023, along with related statements of operations, stockholder's equity, and cash flows for the years ended December 31, 2024, 2023, and 2022. These financial statements are part of Exhibit A within the FDD.
Prospective franchisees should review these balance sheets and related financial statements carefully to understand Counselor Realty's financial position and performance. Key areas to examine include assets, liabilities, equity, revenue trends, and profitability. Understanding these trends can help a franchisee assess the financial health and stability of Counselor Realty.
The inclusion of multiple years' worth of financial statements allows potential franchisees to identify trends and assess the consistency of Counselor Realty's performance over time. This historical perspective can be valuable in evaluating the potential risks and rewards of investing in a Counselor Realty franchise.
It is also important to note that the independent auditors have evaluated subsequent events through April 21, 2025, indicating that any significant events occurring after the balance sheet date but before the financial statements were issued have been considered for disclosure. This provides additional assurance regarding the completeness and accuracy of the financial information presented.