Are the financial statements for Remax, LLC presented on a consolidated basis?

According to Remax's 2025 Franchise Disclosure Document, the financial statements are presented on a consolidated basis. Specifically, the FDD includes the consolidated balance sheets of REMAX, LLC and its subsidiaries as of December 31, 2024, and 2023. These consolidated statements also cover the income, comprehensive income, member's equity, and cash flows for the three-year period ending December 31, 2024.

The inclusion of consolidated financial statements is a standard practice for franchise systems like Remax that have multiple subsidiaries. This approach provides a more complete financial picture by combining the financial data of the parent company (REMAX, LLC) with that of its subsidiaries. This gives prospective franchisees a clearer understanding of the overall financial health and performance of the Remax organization.

In addition to the consolidated financial statements, the FDD also includes RE/MAX, LLC's Guarantee of Performance. This guarantee is an important aspect for franchisees as it demonstrates the franchisor's commitment to supporting the obligations of RE/MAX Integrated Regions, LLC under the Franchise Agreement. Reviewing both the consolidated financial statements and the guarantee can help potential franchisees assess the financial stability and support they can expect from Remax.