What was the difference between total revenues and expenses for Counselor Realty in 2022?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
December 31, 2024, 2023 and 2022
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Revenues | |||
| Monthly franchise fees | $ 57,634 | $ 63,751 | $ 73,235 |
| Monthly metro advertising fees | 3,480 | 2,880 | 3,600 |
| Other income | 9,432 | 2,748 | 1,447 |
| Total revenues | 70,546 | 69,379 | 78,282 |
| Expenses | 74,513 | 78,252 | 61,402 |
| Income (loss) before income taxes | (3,967) | (8,873) | 16,880 |
| Provision for Income Taxes | - | - | 5,100 |
| Net income (loss) |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, in 2022, Counselor Realty had total revenues of $78,282 and total expenses of $61,402. This resulted in an income before income taxes of $16,880. After accounting for a provision for income taxes of $5,100, the net income for Counselor Realty in 2022 was $11,780.
For a prospective franchisee, this data provides a glimpse into the financial performance of the franchisor during that specific year. It's important to note that past financial performance does not guarantee future results. Factors such as changes in market conditions, the number of active franchises, and the franchisor's operational decisions can significantly impact future revenues and expenses.
It is also important to consider these figures in the context of Counselor Realty's overall financial health and trends over multiple years. Reviewing the financial statements for 2023 and 2024 alongside 2022 can provide a more comprehensive understanding of the franchisor's financial stability and growth trajectory. A potential franchisee should consult with a financial advisor to fully assess the implications of these financial results.