For which years are the statements of operations included in the Counselor Realty Franchise Disclosure Document?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
Counselor's balance sheets as of December 31, 2024 and December 31, 2023, and the related statements of operations, stockholder's equity and cash flows for the periods ended December 31, 2024, December 31, 2023 and December 31, 2022, are included in this Franchise Disclosure Document at Exhibit A.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the statements of operations are included for the years ended December 31, 2024, December 31, 2023, and December 31, 2022. These statements are part of the financial statements included as Exhibit A in the FDD. The inclusion of these statements allows prospective franchisees to review Counselor Realty's financial performance over the most recent three-year period.
The financial statements also include balance sheets as of December 31, 2024, and December 31, 2023, along with statements of stockholder's equity and cash flows for the same three-year period. An independent auditor has audited these financial statements, offering an opinion that they fairly present the financial position, results of operations, and cash flows of Counselor Realty in accordance with generally accepted accounting principles (GAAP).
The availability of these audited financial statements is intended to provide transparency and assist potential franchisees in making an informed investment decision. By examining these statements, prospective franchisees can assess Counselor Realty's revenue trends, expenses, profitability, and cash flow management. This information can be crucial in evaluating the financial stability and overall health of the franchise system.