What was the total revenue for 1 800 Packouts in the earlier of the two years presented in this table?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
| 18,837,743 | |
| Depreciation and amortization | | 11,307,800 | 10,597,574 | | | Total operating expenses | | 31,830,178 | 29,435,317 | | | Loss from operations | | (7,233,577) | (8,872,021) | | | Other income (expense): | | | | | | Interest expense | | (5,506,427) | (3,821,499) | | | Gain on sale of unconsolidated subsidiary | | - | 1,025,637 | | | Other income (expense) | | (204,868) | (51,463) | | | Total other expense, net | | (5,711,295) | (2,847,325) | | | Loss before income taxes | | (12,944,872) | (11,719,346) | | | Income tax benefit (provision) | | (765,698) | 1,280,676 | | | Net loss | Ś | (13,710,570) | $ (10,438,670) | |
| For the | he ) | ears/ | End | ed D | ecemi | ber | 31. |
|---|---|---|---|---|---|---|---|
| --------- | ------ | ------- | ----- | ------ | ------- | ----- | ----- |
| Revenues | $ | 34,597,657 | $ 26,026,524 |
|---|
Source: Item 23 — RECEIPT (FDD pages 67–238)
What This Means (2025 FDD)
According to 1 800 Packouts's 2025 Franchise Disclosure Document, the consolidated financial statement shows the company's revenues for 2023 and 2024. In 2023, 1 800 Packouts had total revenues of $26,026,524. In 2024, the total revenues increased to $34,597,657.
For a prospective franchisee, this information provides insight into the brand's revenue trends. The increase in revenue from 2023 to 2024 could be seen as a positive indicator of growth and brand performance. However, it is important to consider other factors such as costs and expenses to understand the overall profitability of 1 800 Packouts.
It is also important to note that these figures represent the consolidated financial statements of FS PEP Holdco, LLC and subsidiaries, not just 1 800 Packouts. Therefore, while the revenue figure includes 1 800 Packouts, it also includes revenue from other subsidiaries. A prospective franchisee should seek clarification from 1 800 Packouts about the specific revenue contribution of the 1 800 Packouts franchise system to the overall consolidated revenue.