How many shares of Counselor Realty common stock were issued and outstanding?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
Sheets December 31, 2024 and 2023
| 2024 | 2023 | |
|---|---|---|
| Assets | ||
| Cash | $ 70,457 | $ 80,311 |
| Certificates of deposit | 137,791 | 130,280 |
| Accounts receivable, net | - | 1,574 |
| Total assets | $ 208,248 | $ 212,165 |
| Liabilities and Stockholder's Equity | ||
| Liabilities | ||
| Due to franchise | $ 50 | $ - |
| Due to parent company | 5,100 | 5,100 |
| Total liabilities | 5,150 | 5,100 |
| Stockholder's Equity | ||
| Common stock, $.01 par value per share | ||
| 100,000 shares authorized | ||
| 10,000 shares issued and outstanding | 100 | 100 |
| Additional paid-in capital | 47,209 | 47,209 |
| Retained earnings | 155,789 | 159,756 |
| Total stockholder's equity | 203,098 | 207,065 |
| Total liabilities and stockholder' |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the company has 10,000 shares of common stock issued and outstanding as of December 31, 2024, and December 31, 2023. The par value of the common stock is $0.01 per share. The company has 100,000 shares authorized.
This indicates the equity structure of Counselor Realty. As a potential franchisee, it is unlikely that this information would directly impact your day-to-day operations. However, it provides insight into the company's financial structure and ownership.
This information is typically included in the financial statements to provide transparency to stakeholders, including potential investors or franchisees. Reviewing these figures over several years, as presented in the table, can reveal trends in the company's equity and overall financial health.