table_specific

What was the redemption amount of certificates of deposit for Counselor Realty in 2024?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

2024 2023
Cash Flows From Investing Activities
Redemption of certificates of deposit 130,280

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, the redemption of certificates of deposit in 2024 was $130,280. This figure is part of the cash flow statement, specifically under cash flows from investing activities. This indicates the amount of money Counselor Realty received from cashing in certificates of deposit during that year.

For a prospective franchisee, this information provides insight into Counselor Realty's investment activities and how they manage their cash flow. Redemption of certificates of deposit can be a strategy to generate cash for operations or other investments. It's important to note that while this shows a positive cash inflow from investments, it doesn't reveal the entire investment strategy or the reasons behind the redemption.

Reviewing the complete financial statements, including the balance sheets and income statements, will give a better understanding of Counselor Realty's financial health. A potential franchisee should consider these figures in the context of Counselor Realty's overall financial performance and ask the franchisor for more details about their investment strategies and cash management practices.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.