What was the total rent and lease expense for the company-controlled 1 800 Packouts franchise in 2024?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
| Expenses | |
|---|---|
| Advertising & Marketing | 49,365.27 |
| Total for Advertising & Marketing | $49,365.27 |
| Auto | 2,783.00 |
| Bank Charges & Fees | 1,536.17 |
| Car & Truck | 40,903.76 |
| Contractors | 32,195.01 |
| Donations | 1,945.91 |
| Dues & subscriptions | 167,825.39 |
| Employee Benefits | 5,725.54 |
| Insurance | 194,066.98 |
| Interest Paid | 708.91 |
| Job Supplies | 1,494.00 |
| Legal & Professional Services | 7,002.85 |
| Meals & Entertainment | 61,345.65 |
| Office Hardware | 979.42 |
| Office Supplies & Software | 30,839.51 |
| Payroll Expenses | 4,056.68 |
| Company Contributions | 0.00 |
| Health Insurance | 5,464.77 |
| Total for Company Contributions | $5,464.77 |
| Taxes | 20,193.45 |
| Wages | 212,884.72 |
| Total for Payroll Expenses | $233,078.17 |
| QuickBooks Payments Fees | 17,929.37 |
| Reimbursable Expenses | 292.00 |
| Reimbursements | 1,216.57 |
| Rent & Lease | 235,117.31 |
| Repairs & Maintenance | 16,914.74 |
| Sales Referral | 11,362.31 |
| Taxes & Licenses | 43,044.93 |
| Textiles Costs | 141,079.32 |
| Travel | 24,895.65 |
| Uniforms | 4,376.69 |
| Utilities | 21,415.84 |
| Total for Expenses | 1,358,961.72 |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 55–58)
What This Means (2025 FDD)
According to 1 800 Packouts's 2025 Franchise Disclosure Document, the company-controlled franchise in San Diego had a total rent and lease expense of $235,117.31 for the period of January to December 2024. This data is derived from the Profit and Loss Report prepared on an accrual basis for the company-controlled franchise.
It's important to note that this financial data represents the performance of a single, company-controlled franchise that 1 800 Packouts uses for training, pilot programs, and developing operational standards. The FDD emphasizes that this particular franchise operates in a territory with unique location-specific aspects in the San Diego area. Therefore, the financial performance, including the rent and lease expenses, may not be representative of what a new franchisee might experience in their own territory.
Prospective franchisees should consider this figure as a reference point, but recognize that their actual rent and lease expenses could vary significantly based on their location, the size of their facility, and local market conditions. 1 800 Packouts also states that written substantiation for the financial performance representation will be made available to the prospective franchisee upon reasonable request.