What was the net accounts receivable for Counselor Realty in 2023?

According to Counselor Realty's 2025 Franchise Disclosure Document, the net accounts receivable for 2023 was $1,574. This figure represents the amount of money Counselor Realty expected to collect from franchise-related fees after accounting for potential credit losses.

Accounts receivable for Counselor Realty primarily consist of franchise-related fees. The company assesses an 8% interest charge on overdue accounts and writes off accounts receivable when they are deemed uncollectible. To account for potential losses, Counselor Realty maintains an allowance for credit losses, which was $3,724 as of December 31, 2023. However, the net accounts receivable, which factors in this allowance, was reported as $1,574 for the same period.

For a prospective franchisee, understanding the accounts receivable and the allowance for credit losses can provide insight into the financial health and stability of Counselor Realty. It also highlights the importance of timely payment of fees by franchisees, as Counselor Realty actively manages its receivables and charges interest on past due amounts.