For how many years are the consolidated statements of income (loss) provided for Remax, LLC?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
Attached to this disclosure document as Exhibit C are the consolidated balance sheets of REMAX, LLC and subsidiaries as of December 31, 2024 and 2023, and the related consolidated statements of income (loss), comprehensive income (loss), member's equity, and cash flows for each of the years in the three-year period ended December 31, 2024.
Source: Item 21 — Financial Statements (FDD page 108)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the consolidated statements of income (loss) are provided for a three-year period. Specifically, the FDD includes these statements for each of the years in the three-year period ended December 31, 2024.
This means that prospective Remax franchisees can review Remax's financial performance over the past three years to identify trends in revenue, expenses, and profitability. Analyzing these statements can help franchisees assess the financial stability and growth potential of the Remax franchise system.
It is important to note that these are consolidated statements for REMAX, LLC and its subsidiaries, not individual franchise locations. While this provides an overview of the company's financial health, prospective franchisees should also seek information about the financial performance of existing Remax franchises to get a more complete picture of potential earnings.