What were the total royalties collected by 1 800 Packouts in 2023?
1_800_Packouts Franchise · 2025 FDDAnswer from 2025 FDD Document
| EXHIBIT B | 2024 | 2023 | |
|---|---|---|---|
| Royalties | $16,760,701 | $13,797,504 |
Source: Item 23 — RECEIPT (FDD pages 67–238)
What This Means (2025 FDD)
According to 1 800 Packouts's 2025 Franchise Disclosure Document, the total royalties collected in 2023 were $13,797,504. This figure represents the aggregate amount of royalty fees paid by all 1 800 Packouts franchisees to the franchisor during that year. Royalties are typically a percentage of a franchisee's gross sales and are a primary source of revenue for the franchisor.
For a prospective franchisee, this number indicates the scale of the 1 800 Packouts franchise system and the total revenue generated through royalty payments. It provides insight into the financial health and stability of the franchise, as well as its ability to generate income from its franchisees. A higher royalty collection generally suggests a larger and more successful franchise network.
It's important to note that this figure does not represent the profitability of 1 800 Packouts or its franchisees. It only reflects the total royalties collected. Prospective franchisees should also consider other factors such as the initial franchise fee, marketing fees, and other expenses when evaluating the overall cost and potential return on investment of a 1 800 Packouts franchise.