What was the lowest net income (loss) that Counselor Realty experienced between 2022 and 2024?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
December 31, 2024, 2023 and 2022
| 2024 | 2023 | 2022 | ||
|---|---|---|---|---|
| Cash Flows From Operating Activities | ||||
| 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, the company experienced a net loss of $8,873 in 2023. This was the lowest net income (loss) experienced by Counselor Realty between 2022 and 2024. In 2024, Counselor Realty had a net loss of $3,967, while in 2022, the company had a net income of $11,780.
It is important to note that the financial statements were audited by an independent auditor, who expressed an opinion that the financial statements present fairly the financial position of Counselor Realty. These financial statements include 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.
Prospective franchisees should carefully review Counselor Realty's financial statements and consult with a financial advisor to understand the company's financial performance and assess the risks and potential rewards of investing in a Counselor Realty franchise. Understanding the trends in revenue, expenses, and net income (loss) can provide valuable insights into the financial health of the franchisor.